Bitcoin is not in its best moment, yesterday showed signs of weakness (it is normal we were expecting it) but has not decided whether up or down so we are still in the channel of this last week between 26.5 and 29, at any time could leave this channel and do much much damage to the altcoins.
Entry 27300$ SL 26500 RR:4 following the channel we are in right now I think this is the best option
IMPORTANT Bitcoin is not in its best moment, yesterday showed signs of weakness (it is normal we were expecting it) but has not decided whether up or down so we are still in the channel of this last week between 26.5 and 29, at any time could leave this channel and do much much damage to the altcoins.
I see several indications for theta to go up if btc is sustained Bollinger bands narrowing, support zone, volume increasing
Hitting the oversold zone With a good rebound Accumulation phase and narrowing of bollinger bands SQZMOM shows a bounce zone
a quick short for bit Not much to explain Well, there is, but I don't feel like it.
I certainly think it is at a completely insane level of overbuying. Short it before BTC dump everything.
It is not a good idea to open longs while BTC is falling but mkr looks good. Let's try with a very very small long
The scenario is good for a pump in atom yet dangerous as BTC is on the verge of a crash. But let's keep the SL and be patient.
Let's try this short ARB in overbought zone With bollinger bands narrowing which shows us that a stock market movement is coming. I think BTC is on the verge of going down too so let's open a small short.
1- Bollinger compression 2- Bearish pattern in 1H 3- Near the overbuy zone 4- GAP at 3950 5- I don't know.... many problems, look at the banks for god sake they are going to shit.
We are looking to generate profit in the partial correction of this great rise. Let's see if it works!
It's a bit risky but following the market narrative a short film here could work well.
Time to re-open short in BTC clash with the upper band of the channel which would maintain the range creating a new low.
Time to open a long in GRT I think it shows signs of waiting for a small rebound.
There are some rumors... There are some tidbits.... Come to the fucking moon.
with XRP in the discount zone (RSI on oversold) and the volatility indicator is a good time to open a leveraged long x5 or x10 with a SL around 0.39.
Quick trade in futures to scratch some profit at MKR. we will use the rebound in its discount zone (where it is right now). Surely we will cut this trade in profit before reaching target Let's say it's a trade just for the weekend when the CME is closed for BTC.