Btc-short
Stocks/Gold correlation analysisThe assumption of an inverse relationship between the gold and stocks implies a negative correlation coefficient. KDJ (bottom) and CC (top) had inverse peaks and troughs in those circled periods. This time (blue circle) the two indicators aligned to fall. KDJ predicting the downfall of stocks may confirm the market equilibrium resetting. Moreover, the graph presented (explained below) displays a bounce from the significant red resistance.
Graph:
(SPX*IXIC*DOW)/(TVC:DXY*1000000000000/M2SL*TVC:GOLD*(1/(TVC:US02Y+TVC:US05Y+TVC:US10Y+TVC:US30Y)+1))
= (SPX * IXIC * DOW) / (DXY/USM2 * GOLD * U.S BONDS)
= (American Indices) / (Recession-proof Assets)
MATIC SHORT IDEAPlanning on shorting MATIC / USD around the 4H FVG on the top of the chart
* Would expect price to strongly pump and spike into that area since there is a lot of liquidity above the current price.
* This predicted move could be seen as deviation above range high
* When getting back into the range, I would target range midline and range low
Short BTC from 17,5 K Harmonic is not really nice due to the lack off symmetry .
Just hit the naked point of control @ 17.28, with a nice reaction for a scalp.
The level 17.55 looks decent with a daily.
also it is the lowest point of the former range from juni till november this year.
Let's see if it plays out.
BTC 2.4% drop before bull run 12 8 2022If you love the spot-on analysis done so far, please boost, share, comment, and follow for more.
We are currently getting ready to test the $16,744 level. There is a high probability that we will bounce
off this level and bull run up about 5%.
*** Disclaimer: a second non-public chart layout was used to officially confirm this overbought point.
Safe points to take profit:
T1: 2.4%
Baseline Information:
The strategy used for this analysis takes into account the following factors:
Timeframe: 3min and 5 min
Symbols: BTCUSDT , ETHUSDT , BTCDOWN, and ETHDOWN
Exchange: Binance
Indicators: For obvious reasons, precise indicators names can not be provided, but this analysis makes use of VWAP , moving averages, and Fib charts.
Chart Count: 8
Disclaimer:
The information and publications are not meant to be or constitute financial, investment, trading, or other advice or recommendations.
Bitcoin sell short position idea Greetings from Team : Trading The Tides.
lets discuss a short sell oportunity on (coin name )
Target area for initiating short :16700
DCA Limits : 16900 , 17200
TP :15900
SL :
Hold Time : Short term
Technical Chart Pattern:
Posible liquidity area : 17250
Exchange:Binance
Idea :
Btc is currently trading inside a rising wedge , and most probably will dump as per the black Friday which if we see the history the dumps are as follows :
2021: 10.16 %
2020: 16.66%
2019: 20.44%
Indicators suporting sell , rsi
So chances are that it happens again considering all the news in the crypto industry and the overall economy.
please leave your kind reviews !
Rules :
We use big capital with less leverage .
Max leverage : 3x
Better take trades with 1x.
We only post the exact setup we are following for the trades .
But DYOR .
Not a Financial Advice !
From Team :
Trading The Tides
Like , Share ,Follow
Thanks a lot and see you soon on the next trade .