AFTER 2 FAKEOUTS AND BEAR TRAP ON OUR PREVIOUS SHORT I HAVE A BETTER IDEA FOR A NEW SHORT POSITION...Hey guys i re figured my previous short trade by closing it and taking on a new short trade by doubling down with the 25X leverage , my new short 11290.00 just below the 50 MA (moving avarage) so once bitcoin breaks that critical resistance line and it closes a 4H red candle below it will start the bearish trend, im using high leverage only because im setting a very tight stop just above the previous resistance line the 20 MA , and liquidation will be over the top BB bolinger
BB band at 11699.00 so even if i decided to not use my stop i feel the bulls do not have the power to push above that resistance top BB , im going to take profit TP- 10850.00
just before another major resistance line the 200 MA, so guys we are using the top 3 moving averages to execute this trade to our advantage, i think this is the best short i have seen and i believe it will execute perfectly, check out my chart and see how everything is lined up and color coated as that my style of charting, some think my charts are busy but for me they are perfect, also you will see right now all 3 bearish divergences are all crossed into red and lined up to start this bearish trend, we will just wait paciently for the 4H hour red candle close just under the 50 MA , just put in your triggers-trade now and just sit back and wait to execute and start playing out perfectly
Phemex
LOOKS LIKE A BULISH DAY TODAY IF THE GOLDEN CROSS ON THE 1D ..LOOKS LIKE A BULISH DAY TODAY IF THE GOLDEN CROSS ON THE 1D .. IF IT DOES ITS JOB LIKE 85% OF THE TIME IT ACRES, ANYONE WHO DONT KNOW WHAT A GOLDEN CROSS IS ITS WHEN THE 50 DAY MA GOES ABOVE THE 200 DAY MA ,SO THIS IS MY LONG @ 11446.00 , we are currently just inside my horizontal trend line thats been holding for last 6 days or so on the daily time frame, im doing a do or die all or nothing suicide trade using 25X leverage, my liquidation is @ 11059.00 just under the CME gap @11120.00 so im really playing with fire and im at the point now with losses adding up that i need a hail Mary and maybe some prayers or possibly medication lol... so wish me luck trading view fam!
10XBITTRADER TRADINGVIEW CHART WITH THE MOST POWERFUL.... AND HIGHLY ACCURATE ASWELL AS BEING SO SIMPLIFIED ONCE YOU KNOW WHAT EVERY INDICATOR IS USED FOR AND YOU KNOW HOW TO USE EACH INDICATOR , AS BUSY AS THIS CHART LOOKS ITS REALLY NOT AT ALL, THIS TOOK ME BETTER THEN THE LAST YEAR TO PUT ALL MY FAV INDICATORS ON ONE CHART AND HAVE THEM WORK IN SYNC AND AS ONE, ONCE YOU DRAW YOUR HORIZONTAL TREND LINES , SUPPORT AND RESISTANCE THEN THE REST IS A WAITING GAME FOR THE PERFECT TRADE BREAK OUT OR TO KNOW WHEN TO EXIT. ANYWAY HERE IS MY CURRENT LONG POSITION , IF THE BEARS PUSH BITCOIN OUTSIDE MY HORIZONTAL TREND LINE (LOWER) THEN I WILL EXIT TRADE AND I HAVE MY SHORT ALL SET TO TRIGGER . ANYWAY SAFE TRADING..THE BULLS AND BEARS ARE FIGHTING THIS OUT AND WE JUST DON'T KNOW WHO WILL WIN BUT WE DO KNOW KNOW A MAJOR PUMP OR DUMP ILLUMINATES VERY SOON, WE STILL HAVE 2 GAPS TOO FILL SO IM GUESSING IT WILL BE THE BEARS AND SHORTS WHO WIN THIS BATTLE IN THE VERY SHORT TERM BUT LONG TERM IT WILL BE THE LONGS , THE BULLS WILL WIN THE LONG GAME AS WE REACH NEW HIGHS EACH YEAR AND AS BITCOIN CONTINUES TO OUTPERFORM AND OUTSHINE EVERY OTHER ASSET, COMMODITY, INVESTMENT THIS DECADE AND IT WILL CONTINUE TOO DESTROY THE CURRENT FRAUDULENT FRACTIONAL RESERVE FIAT CURRENCY AND MONETARY SYSTEM AND CORRUPT BANKS CRUMBLE AS THERE WILL BE NO NEED FOR THEM OR ANY 3RD PARTY INTERMEDIARY, WILL WILL ALL BE OUR OWN BANKS WITH NOBODY CONTROLLING YOU ON A TRUST LESS LEDGER THE BLOCK CHAIN THAT IS 100% UNHACKABLE, AND IS SYNONYMOUS AND CANT BE SHUT DOWN OR CENSORED, ITS DIGITAL GOLD AND ONE DAY I BELIEVE AND HAVE BELIEVED SINCE 2012 WHEN I STUMBLED ONTO BITCOIN THAT BECAUSE OF THE FINITE SUPPLY OF ONLY 21 MILLION COINS TO EVER BE MINED AND THE ENDLESS PRINTING OF MONEY THAT CAUSES INFLATION AS BITCOIN IS THE ONLY DEFLATIONARY MONEY AND ASSET IN THE WORLD AND ONE DAY MAYBE 10-12 YEARS FROM NOW 'ONE BITCOIN WILL BE WORTH ONE MILLION DOLLARS PER COIN" .... RIGHT NOW $11400.00 DOLLARS IS A STEAL AND YOU ARE STILL EARLY ENOUGH AND HAVE NOT MISSED OUT, I BELIEVE JUST NEXT YEAR 2021-2022 THE PRICE WILL BE SOUTH OF 100K FOR A BITCOIN, IF U DOUBT ME THEN JUST LOOK BACK TO 2015 WHEN YOU COULD BUY BITCOIN FOR $250.00 BUCKS..YES TRUE I DID EXACTLY THAT! ANYWAY TRADE SAFE AND MAKE SURE YOU HODL AT LEAST 1 FULL BITCOIN INTO THE NEXT DECADE AND IF NOT FOR U DO IT FOR YOUR CHILDREN'S FUTURE , FINANCIAL SECURITY, SAFETY HEDGE AGAINST INFLATION AND GIVE THEM A STORE OF WEALTH THEY CAN LIVE ON FOR THE REST OF THERE LIVES.
WHEN WILL THE BULLS RUN OUT OF POWER..FROM A FAKE OUT........TOO SOME SURPRISING PUMPS THAT HAVE MY ANXIETY TURN STRESS TURN CONFUSION SO MANY TIMES WITH NO CLUE JUST HOW FAR BITCOIN WILL GO GREEN OR WAITING ANY MINUTE FOR THE FLOOR TO DROP SO TO REALLY FILL THE GAP @ 11120.00 AFTER THE MORNING FAKE OUT , I WAS IN A SHORT AS OF YESTERDAY (SUNDAY) HOPING FOR MONDAYS OPENING TO GO CLOSE THE WEEKEND GAP, SURPRISE BITCOIN WANTS TO PUMP A LITTLE MORE AND CONFUSE THE SHORTS JUST AFTER BITCOIN MADE IT BACK DOWN TO 11180.00 JUST TO PULL A REVERSAL WITH LOTS OF VOLUME , I CLOSED MY SHORT AT A LOSS AND THEN FLIP FLOPPED INTO A LONG POSITION BUT A LITTLE TO LATE BECAUSE I THINK THE BULLS LOST THERE STEAM APPROX AROUND THE 11.7k AND NOTICED THAT BITCOIN AND THE BULLS COULD NOT BREAK MY UPPER HORIZONTAL TREND LINE AND I BELIEVED IT ACTED AS TOO MUCH RESISTANCE AND SO IT FAILED THEN STARTED REVERSING UNTIL ITS JUST BREAKING MY LOWER HORIZONTAL TREND LINE ( ITS IN ORANGE) AT ANOTHER RESISTANCE LEVEL SO IM WAITING ON A 1H CLOSE ON A RED CANDLE AND IM CLOSING THAT LONG WITH ANOTHER SMALL LOSS TO PUT IN A SHORT AT 11555.00 , I WILL PUT MY SL-11730.00 JUST OVER MY UPPER HORIZONTAL TREND LINE AND MIDDLE BB, I WILL SET MY TP- 11120.OO AT THE GAP CLOSE AND IF THINGS LOOK STRONG I MAY KEEP THE POSITION OPEN LONGER AND SEE JUST HOW FAR WE SLIDE DOWN .
Possible bullish setup BTCUSDAlright, Possible bullish setup currently forming. about 4 minutes left on this candle. If this next hourly candle closes in the lower Donchian Channel,but above the 50MA, I will look for a new high on the next candle, which will be my initial trigger. If that is the case, I will wait for the green SSL to cross above the red one. If these occur at the same time, I will enter a long position.