BitRitch

BitRitch Updated 

Hi traders! Currently i'm in a short I have set my TP's In the mean time I will look for some nice long scalps while staying in my short trade # no financial advice # DYOR Kind regards, BitRitch

BitRitch Updated 

Would love to see this before going higher with XRP/USDT.

BitRitch

While posting this post, my alarms went off. Target been hit let's see if it holds.

BitRitch

Some nice confluence in this area we can expect a nice reaction from here. Let's see how this plays out.

BitRitch

This chart can help us by giving us more information where the other markets are heading.

BitRitch

XRP got rejected from trendline and and now heading to my next target.

BitRitch

It's been a long time since I posted anything but I am happy to be back. This is my plan incase we losing market structure. These are the levels where I expect a high chance for some good longs in this market. For now I remain in my short.

BitRitch

Some unfinished business for CME futures expect a bit more downside before taking the gabs above us.

BitRitch

We see some nice sideways action for a while on Bitcoin. It's about time to leave this channel and see some action.

BitRitch

Maybe a bit early to say but these are the target we can look up next.

BitRitch

No sign of strength atm. Protect your capital because this could get a bit messy.

BitRitch

47K region will be a massive resistance, as long we don't break this important Resistance level and flip to support.. i'm looking @ 28 to 23K for a juicy Long (swing) trade!

BitRitch

Is the overall Bull trend over? Or are we in the middel of this cycle? According to this analysis we are in the middel of it and have not reached the cycle top yet!

BitRitch

This make sense if you look what happend in the past. This cycle should end in December. Let's keep this in mind;) for me i just trade what the charts are telling me. First we have to reclaime some important levels before i flip bullish.

BitRitch

We could break out from here. But, if you are not in a position this could be the next one. No financial advise;)

BitRitch

Everybody is drawing a ascending triangle, but that is what the big boys ones you to believe.

BitRitch

First CME gab just got filled. A few more to go;)

BitRitch

This is what I expect for the coming months for bitcoin, I believe we will range for a while around 30 K Also we can expect a short squeeze before revisiting 20K for a backtest of the previous ath. My exceptions for 2022 is Down till the end of the year.