BTC had a capitulation voume when it dumped to 3700 early March. However the continuing rise in BTC was supported by falling Volumes.
The same was witnessed during the run up from 6700 to almost 10500.
Everything seems like a repeatition.
For the same reasons, i would be looking for opportunities to short.
Would be interested to see the next 4hr candles how...
BTC after the rally from 6800ish has retraced from 10500 levels along with the failing global markets.
Global markets may plunge again, but Im taking a long here in BTC at this level in the golden pocket.
A low leverage long that I can manage without worry for until the previous ATH is breached is the plan.
ENTRY: 7871-7949
EXIT: OPEN
SL:7150
From September 2019, ZRX had a good pump which however could not sustain, Double topped and failed.
With almost a 0.786 retrace from the highs made, it looks like time to enter again with a long term out look.
fundamentally an excellent coin, and shilled by Teeka Tiwari in Sept 2019, I think this can give you multiple Xs from here.
Personally taking a position...
I had shared a previous chart with the head and shoulers pattern, which played out well.
I was seeing three levels of reversal as BTC tumbled from the top
The first one was the 21 W EMA which has now been broken.
I have been USDT for quite some while and would be interested to get back in again only at the Golden Pocket .
I would be a buyer from 8000usd and...
Shorted link on 4th March at 4.81$ , as it looked toppy and the volumes were not coming in.,
should have shared here on time... damn...
Everyone was looking to SHORT over 5$ , so obviously when everyones looking out for the same thing, it just doesnt happen
Looking to buy back in again around the 0.5 FIB retracement levels.
After an excellent run up, TEZOS is in correction.
This is long due and will be good for the over all growth of this coin.
Looking for a retrace to the 0.618-0.786 on the Fibs
Entry marked in green rectangle.
Personally, had exited a tad below the top.. just like they say, you can never catch the bottom nor sell the top.
Happy Trading
have been noticing this H&S develop in XBT USD on the 4hr..
if it plays like text book we will be seeing 9000 usd for BTC in the coming days...
Invalidation if it breaks 9734 and moved up .
Personally taking a short from here to 9050
Happy Trading
