MysteriousPersian

MysteriousPersian

Word of caution to the bulls. The markets are looking very overextended. tradingeconomics.com USA inflation is hitting new highs at blistering speeds. it's only a matter of time before the FED has to raise rates. the money is now on when, and I'm willing to bet it will be sooner rather than later. Hold your puts because they might come in handy.

MysteriousPersian

short scalp good to 60k as the breakout fails here. I see two outcomes to this. It will either reverse into a more substantial correction (in red which I see as most likely) or a sustained push to a new ATH (in green which i find less likely). There was a nice run-up, it should take a break. But then again it is BTC, which has been known to do crazy parabolic al...

MysteriousPersian Updated 

Medium-term potential at 100$ is not insane considering the market cap. A lot of hype surrounding this one. It could very easily get pumped very quickly. a 100% daily rally wouldn't be out of the question if it gets really ut of hand. Pumps like this will become a more common occurrence as we enter the FOMO phase of the current bull market.

MysteriousPersian

Until it reverses, HNT, is trending up strongly. Opening a position here for a potential parabolic move. To at least be monitored very closely moving forward. Market it cap is still low, potential for a good pump is high

MysteriousPersian Updated 

Not willing to trade the consolidation here. Looking for a grind down similar to doge after it made the double wave to 0.75. Or a break out with strong volume. Either way it wouldn't be wise to trade until a direction is more clear

MysteriousPersian

We could have another classic breakout here. ALl there is missing is the volume. If it kicks in there could be another 20-40% rally. Basically looking for the red circle to fill in with traded volume. Anything short of that and it could roll over again as it did in my previous idea.

MysteriousPersian Updated 

Prices so far have followed relatively the same pattern as predicted before. It will mostly likely retrace a bit and continue downward before reversing log term again.

MysteriousPersian Updated 

Avoided the choppy correction. Now back as it seems to be moving out of consolidation and making another run, indicated by the increase in volume and the price action moving back into an uptrend. This may be short-lived but the potential gain considering the volatility could be substantial. As I referenced in my idea yesterday, SHIB is much hotter than DOGE...

MysteriousPersian Updated 

Many people have fomoed into SHIB and as it is branded as the dogekiller, many have even sold their DOGE to buy SHIB. This is a classic contrarian indicator and could signal a pump in the price of DOGE while SHIB consolidates from the latest bullrun. In yellow overlay is SHIB. As shown they are clearly moving in opposite directions.

MysteriousPersian Updated 

Up way over 100% now, time to start locking in profits and anticipating a large correction. Investor sentiment is dangerously bullish now and its starting to look top heavy. Not going short or long but rather closing out on a decent run. If it hits 10000+ i would sell all and possible look for a top to short.

MysteriousPersian Updated 

This is another classic consolidation pattern showing up on the shorter term time frames. It already looks to be breaking out. The momentum and volume have remained substantial despite the correction, looking good for a push to 5000. Still the possibility for a rollover remains as shown by the red arrow. In anticipation of this scenario, some nice 10-15% stop...

MysteriousPersian Updated 

BA has had a mediocre recovery since the big drop compared to its previous share price. Now moving out of its ascending wedge, it looks to be reversing again into a downtrend. Looking medium-term short till 2022

MysteriousPersian

Breakout consolidation pattern with the beginning of big volume and more space to run as it has just started peaking into strong overbought territory. Another leg up means another potential 100% gain here from 3000. First profit takes will be at 20%+

MysteriousPersian

Breaking down this trendline shows a possible short term transition into a downtrend

MysteriousPersian

Looking for short term action upwards here breaking passed 3000 again. The short term prospect looks good unless it fails and drops back below 2700. Could challenge 3200 as well if volume remains strong

MysteriousPersian

Strong reversal from correction, Entry to average up between 2550 and 2650 looks decent for a move to 3000. making multiple breaks upward on consistently strong volume. The price action and volume here still indicating for a strong push. This is all based on technicals. I would never invest in this long term based on this only.

MysteriousPersian Updated 

The hightened volume and price action here suggests another leg is incoming. short term long here back to at least 3000 and above.

MysteriousPersian

BTC is about to get bumpy again with major indexes entering correction territory. Looking for a short scalp opportunity as in classic BTC fashion, a straight line up like the one seen previously is usually accompanied by a straight line down. Market manipulation at its finest.