USD goes up. Oil goes down. Oil is heavily longed, I expect a major flush down.
I'm overall bullish, however kinda betting on some f*ckery before we potentially move further up.
As the title states I'm short term bearish on BTC since I'm seeing lots of spot outflows while ETF inflows stay relatively low. Actually I'm even aiming for 86k area.
Volume and a few other things are telling me that this might be a temporary top for Gold. It's a high risk idea.
Majority is long so give your SL some space while waiting for moon.
Basically we're in the classic time range where bottom might likely occur since longs experience complete emotional damage. Let some room for your stoploss. We're at the end of the range and have at least a 70% up potential. This is an excellent risk / reward trade idea.
So, obviously the masses are short while institutions are long. We wanna know where they take profit. Psytropy gives us this beautiful report, combining it with middle of the month (loves to be reversal), let's short. I'll update the correct take profit levels later.
No idea what ondo is actually doing but majority is shorting rtn and market makers won't let this go without some green bananas candle.
Expecting sideway action between 105 and 100k till the 20th at least. Orange levels are the ones where shorts will panic cover. Enjoy. Idea only valid for today since levels will move from tomorrow on.
Backtest bitcoin and see how many times a breakout occured without a major retracement afterwards. ;-) We just approached take profit zones from longs as well as final panic zone of shorts. Sure, it can just rip up further but I'll give this short a try!
I believe we could have another run up before really breaking down. Take partials accordingly at the current highs if the idea turns to be valid.
As previously already stated, I decide my "bullishness" based on ETF inflows and they look damn good! Level isn't perfect, would prefer lower range however, looks to me like its milked so its worth a try to long 95k.
Well, I wouldn't say im proud of this idea in here but, after trying to long it at $390 and getting flushed out, I turned bearish, shorting it at $410 even I might become liquidity for some major short squeeze.
We do not have fundamnetal data yet which might support the idea a bottoming for Gold. So gonna short it.
Positive ETF Inflows turned me bullish rtn. Healthy fear & greed index. Let's see how this plays out.
I do not, so I short. ;) Tradingview wants some blabla in here to publish this idea so I'll just keep talking about the weather and astronomy while placing my order.
Rising volume while decling prices indicates me, that we might need another liquidity hunt before attacking the 100k. It's sunday and we want our doparmine kick. Let's short.
Gift me a sub if this idea works out ;) Yummy looking short ratio as well as this untouched level makes me feel pretty confident on this fella.