Watching BTC, waiting for it to make a move.
Adding to my short at 127. It coincides with a high interest on the order book. I believe we will touch it then retrace back to lows. 120 TP
The ultimate rejection took place at 4200 last week for BTC. Longs had their juevos ripped off in just a few minutes as Mex rekt'd the host of people who were calling for the end of the bear market. In reality, the crowd is still trying to leave through the front door and the smart ones are still getting out. This period has been a wake up call for many ICOs who...
Continued downward drift of the POC and value area. Three days in a row now. We tested near 4k this morning and were soundly rejected. Need to get some downside test to determine direction.
Responsive selling at the 4k level. Looks like there capital ready to sell anything that goes higher. Rejection occurred down to the bottom of the 3 day value area. A break south of there would push down to 38 or 37. The previous POC 4 days ago was at 37, which probably will serve as the Support.
Bitcoin has been meandering downwards over the past weeks. We have not broken to higher highs since the beginning of 2018 when the bubble burst. Until we break to HH, the down trend will remain intact. There has been no evidence to secure any reason for expecting a reversal at this point. Volume is dropping, Prices are also dropping month to month. I'm looking...
In this last up move, we touched the 50% Fib Top to Bottom level to a T. Depending on how the next few candles form, this level would be good to open up a short in case we get rejected. Stops would be just above the 50% retrace level. Target would be around 7000 and then 6800 for the bounce. This is a good high probability play, where you can use tight stops...
Eth has been getting rammed lately. This latest BTC run has left most alts in the dust as many people including myself have rotated into BTC as the primary asset. Most people are starting to see that their shitcoins have no real value and so they are dumping them to move into less volatile assets. One of the biggest plays I think is to keep riding ETH down until...
DYNBTC shitcoin. The volume here has been pretty back and forth, we are trading on lows from the past few days and a bump up to highs will be a 12% or 20% gain
PBR has been pretty hot in the last couple months with the impeachment and other court proceedings. However, I think it's due for a bit of a pullback. Will look to short down to previous resistance at around 7.50
We're going to test the trend line, looking for a break.
We hit the 61.8 retrace last night as shorts covered. Now, with money flow at extremes again, its time to short down.
If TL break on the 1h, long up to the 61.8 retracement. Stop at previous lows
I'll be watching money flow for a reversal around the 2100 area. We've tested it closely this morning, and if there is a break, its good bye all the way down to 2000.
Declining Wedge and Head and Shoulders Forming on DXY. Looking for breakout
Pulling for some dollar weakness here in the next few hours after JPY broke through
Using a tight stop, I want to go long if we break through the TL, hold up to previous day's highs