Dump
#BTCUPDATE - 17.8.21 ASCENDING TRIANGLE OR DUMP?
A strong wake up from the US has seen a push back into this ascending triangle. Whilst it looks positive right now I am still not fully sold that we aren't going to test some lower regions - again I still think $43k is a target here.
Holding above $46.6k will be a start - although still another trendline to break that is struggling to break.
We will meet $48k with resistance no doubt and a break through will highly likely see a huge rejection at $50k region maybe a little higher. As mentioned yesterday we are going to see some serious volatility over the coming couple of weeks.
My play is a break below $45.7k then short to $43k, holding above $46.6k then long to $48k with a 2nd target of $50k.
This is all subject to news drops - I have a "feeling" based on news cycles recently that some very very big BTC FOMO is about to drop. Tin foil hat theory!
Market psychology chart for BTC. bull trap before capitulationNothing more to say here. Don't fomo into stupid pump. Still bearish as hell on too many levels.
$TVTX is gonna fall todayPupm&Dump trading strategy idea.
$TVTX is rising too much today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $19,00;
stop-loss — $20,50;
take-profit — $16,02/MOC
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$KNBE is gonna fall todayPupm&Dump trading strategy idea.
$KNBE is rising too much today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $22,99;
stop-loss — $23,96;
take-profit — $21,04/MOC
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$CLOV is gonna fall todayPupm&Dump trading strategy idea.
$CLOV is rising too much today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $9,38;
stop-loss — $9,56;
take-profit — $9,02/MOC
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$FULC is gonna fall todayPupm&Dump trading strategy idea.
$FULC is rising too much today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $20,49;
stop-loss — $21,32;
take-profit — $18,82/MOC
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$MOGO is gonna fall todayPupm&Dump trading strategy idea.
$MOGO is rising too much today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $7,18;
stop-loss — $7,46;
take-profit — $6,62/MOC
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$ZEV is gonna fall todayPupm&Dump trading strategy idea.
$ZEV is rising too much today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $9,35;
stop-loss — $9,92;
take-profit — $8,22/MOC
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$FSR is gonna fall todayPupm&Dump trading strategy idea.
$FSR is rising too much today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $17,14;
stop-loss — $17,70;
take-profit — $16,02/MOC
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$AMC is gonna fall todayPupm&Dump trading strategy idea.
$AMC is rising too much today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $37,23;
stop-loss — $38,24;
take-profit — $35,22/MOC
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$SOS is gonna fall todayPupm&Dump trading strategy idea.
$SOS is rising too much today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $3,59;
stop-loss — $3,82;
take-profit — $3,12/MOC
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$HUT is gonna fall todayPupm&Dump trading strategy idea.
$HUT is rising too much today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $6,89;
stop-loss — $7,37;
take-profit — $5,93.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$BITF is gonna fall todayPupm&Dump trading strategy idea.
$BITF is rising too much today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $7,47;
stop-loss — $8,20;
take-profit — $6,02.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$MVIS is gonna fall todayPupm&Dump trading strategy idea.
$MVIS is rising too much today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $14,21;
stop-loss — $15,20;
take-profit — $12,23.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
💙 Proof: How I earned +788% within 6 hours 💙 Proof: How I earned +788% within 6 hours
BTC/USD market (+100% success rate, +340% profit):
- Short :boom: Bearish Wedge:
- Long :green_circle: Bullish Wedge:
- Short/Long :black_large_square: Combined Wedge:
- Short (HFT) :boom: Bearish Flag:
- Long :green_circle: Bullish Wedge:
ETH/USD market (+100% success rate, +448% profit):
- Short :boom: Bearish Wedge:
- Short :boom: Bearish Flag:
That's yesterday, and now, we can see a bearish pennant on the 4-hour chart.
We bet on short once again.
Short (HFT) 💥 Bearish FlagShort (HFT) 💥 Bearish Flag
It's a High-Frequency Trading (HFT) idea, which means a short-term view (15-minute).
For our medium-term idea, see: "Short 🩸 Blood Bat Drinks Bull Blood".
KEY POINTS:
- There's a Bearish Flag pattern (red trendlines) on the chart
- The upper trendline of the "channel" blocks upside movement
- The Bulls are under pressure to keep up with the channel, or breakdown (dump) comes
We short.
Short 💥 Bulls Will Lose Their HousesShort 💥 Bulls will lose their houses
This idea is intentionally similar to our Ethereum idea ("Short 💥 End of Bullrun - Bulls Lose Their Life Savings").
We think that BTC will crash and drag down Ethereum, too, in the same setup.
🔴 KEY POINTS:
- Momentum pushed Price Action to Resistance Line (red line on the chart)
- Double Resistance: Here, the Resistance Line coincides with a Historic Resistance Area from historic tops (red area/zone on the chart)
- Next Support Zone (green area/zone on the chart) is 10k below the actual price
So, our AI thinks that BTC will crash to $31700.