RonShortsBTC

RonShortsBTC

Rising wedge is seen. Waiting for the breakdown and will short the bounce if it can break past and fill the LG, then will short at the local swing low ($0.65) Take profit at demand zone, stop loss above local pushes to the upside.

RonShortsBTC

Bearish LG is our bearish confirmation, now will short a rebalance with SL above daily open.

RonShortsBTC

We're still in an uptrend though if price starts to make a move to the downside this is a potential setup to short. We need to see price come below the 30m LG and the previous lower high before thinking of shorting, the LH will act as support so it needs to be broken first, once broken you can short till the next LL origin candle. If the 30m LG proves to act as...

RonShortsBTC

Efficent push up above swing high, I'm longing till the near LG, targeting LGEQ. Bull div seen on 4h, currently ranging within the 4H OC.. bearish price action is expected here though the bull div says otherwise.

RonShortsBTC

Creating LLs and LHs despite this current chop. Stop above local swing as highs were already ran, shouldn't push up if flow is bearish. Targeting the liquidity gap below that has yet to be tested, and has a high probability of being tested be before running our highs.

RonShortsBTC

Details on chart.

RonShortsBTC

40s or 20s? Currently people just want to be moonboys and say uponly after we had a quick move up, though some have forgotten we're in a straight downwards range.... we either break out to fulfil the moons boys dreams to the 40s then who knows what happens after that... or we go to the 20s. I'm bettin on the 20s.