Shortsignal
Trendline got BrokenAs we can see there was a nice trendline in the 1H chart. Now that it got broken we will probably see a backtest to 47K.
If Bitcoin can't hold the 47K we'll see a bigger correction down to 30K like I showed on the previous Chart.
We are at the start of a MEGA cycle so just buy more from the dip and look at your portfolio again by the end of this year ;D
Good Luck y'all!
BGNE short above 260$, target price 161$, about Mar 9, 2021.BGNE short above 260$, target price 161$, about Mar 9, 2021.
Similar pattern of Aug 8, 2018.
Wait BGNE price reached 161$, start building long position.
It's not a good idea holding BGNE under 270$~260$
Long stop-Loss price : 259$
Short stop-loss price : 284$
SHORT TRADE GBPCHF sell to 1.1887No nonsense approach simple clean price action trading all info in picture apart from the strategy (use your own SL according to your risk management THIS IS NOT FINANCIAL ADVICE, MY OWN ANALYSIS FOR PERSONAL USE) Direct Message me for info.
Follow and share for more clean ideas looking to make a change in all this guess work in trading forex, want to make money and change your view on trading let me know.
82fx
Bitcoin approaching a death cross and heading lowerThe 50 (Green) DMA is approaching crossing under the 100 (Blue) DMA. If this goes ahead, this would trigger a strong signal that BTC will be heading lower.
With the RSI also close to the over bought level, this adds another signal/metric for an impending downward trajectory.
The price has also remarkably followed a supporting trendline for over a month. If a death cross gets triggered and the price falls below this trendline, a downward pattern on 3 signals (death cross, over bought RSI, price falling below a supporting level) will have been confirmed.
At this point, it looks as if a downward pattern will be forming soon.
YFI Short signalThe bear market might have possibly began. The selling pressure is high and people have less hope in this market.
2nd point is that a break of this main support will confirm the head and shoulder and thus the trend reversal.
On my previous idea i had the idea of buying back at the main support. But for now, i switched my changed my mind because buying seems more risky with the current panic and fear going on.
I personally have a small short position set up at 19350 let's see how it goes.
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