Scalp
Bullish Scalp trade idea (s/r flip) $44,000 target (1.618 fib)I'm getting bullish vibes, i was bearish but this feels ready to breakout to the upside and I'm not going to ignore my intuition and sit underwater.
Traders adapt to current market conditions, thats if this level holds.
Cheers, will post updates.
Otherwise I'm stupid and should've trusted myself, oh well we showed strength of a breakout and I took the trade.
$38,888 is the short term bearish scalp target (bitcoin)I've placed a buy order to be executed at $38,888 and from there I'll enter a scalp long on the bounce. Now, there's a chance it dead cat bounces which is why I'll be ready to hit the sell button if it doesn't hold support off the bounce once we hit $38,888. I called the start to this decrease in price in my last TA (post)
That's my game plan, and what do I say?
Plan your trade and trade your plan.
Retest of $39,999? (bearish scalp played out within 72 hours)Please hit that like button/comment if you support my daily TA's posted on this page 👍
I can feel a crash coming in my bones......might not be today but its coming during Q1 2021.
Leveraged longs will suffer before Q1 is over.
History doesn't always repeat itself but it most defiantly rhymes.
A crash is WAY overdue.
👍
Fake out candle before rejecting or is BTC ready to leg up? We've seen nothing but up over the past 8-10 months (Since the March 2020 crash) and yes we've seen little downside rallies but we haven't had a proper red candle or week in so long and if it isn't today, or tomorrow, or next week, it will probably be sometime in Q1 and i still believe we will see $16-21k in 2021.
I'm only posting this because last couple of my TA's have been bearish and one of them wrong so I'm posting the bullish scenario in case it does happen.
Don't get it twisted though, 30% pull backs are very normal and regular in bull markets and wouldn't be surprised to see it sooner or later.
$50,000 will be a HUGE resistance for Q1 (psychological)
I'm personally bearish but the charts possible are indicating one more leg up, one of these legs yup has to be the local top for a decent downtrend to get initiated....i can feel a crash in my bones and leveraged longs will cry in the end.
Enjoy your day my friends, and enjoy this TA.
Are you bullish or bearish at $41,000 USD?
Ascending channel breached and confirmed (b&r) bearish scalp Since January 7th the ascending channel has been compromised and almost breached multiple times. The only reason it hasn't is because of the buy pressure but of if it doesn't hold on the 3rd support test attempt then we can see much lower levels. If we get a bounce off this trend line we can head higher but until that happens I'm bearish and don't care about $1000 dollar moves at this point. a 30-50 pullback is over due and leveraged longs over 5x will get a wake up call in coming weeks/months.
Don't say Yurlo didn't want you if we start free falling, because in this post I've very clearly made the case it's possible especially because we're now in Q1 and haven't set the "yearly low" or even started a downtrend for that natter so it's really a matter of time before things reverse on the short term.
Break the current ATH and we'll likely have another leg up "fundamentally this doesn't make any sense and institutions are driving this price up, and it won't go on forever.
Meek Mill was tweeting about crypto and getting all his fans into it (lmao what a hilarious top signal)
See you guys when the red candles start, or i'll post another TA with a scalp long after the next big dump for a bounce but otherwise free fall within days - weeks.
Bearish scalp trade idea ($32,333) BitcoinYes we've seen another leg to the upside but how many more do you think we see before another 30% pull back or another leg down that scares traders? My guess is not very long because this is bitcoin and we see crazy moves in both directions almost every single day. It's just a matter of managing your risk accordingly and not being over exposed/leveraged to the market.
Low volume. low size, low leverage (i use cross) and from there you'll be able to gain confidence and actually back test your strategy and be able to think logically instead of emotionally which you would've been using high leverage. high size etc.
I'll post updates to this point as things play out, yes i want wrong yesterday but my strategy has a high hit rate, will i be wrong today?
Lets find out shall we.
Retest of broken uptrend (bearish support retest) $32,000-Yurlo
Yes things have been insanely bullish but while everyone is still VERY greedy and calling for $100,000 without any previous retests of support levels which is crucial for bitcoins future growth into mass adoption in the next 5-10 years.
Closed scalp long, opening a short and waiting (patience)-Yurlo
Took a few scalps there, but now I'll be more patient on this short.
I hope you guys got some scalps there, i try to post as fast as possible but sometimes its hard with the volatility because its insane.
Waiting for this ascending triangle to break now.
Bearish short term scalp trade idea (Bitcoin) S/r flip-Yurlo
This is likely the only scalp of the day I'll be taking, the rest of the day I'll be relaxing and taking time away from the charts.
I'll provide updates on this post (TA) in a few hours from now as well as daily close.
DON'T GET SUCKED INTO THE FOMO.