cryptoshort

cryptoshort Updated 

BTG is staging around 9 for the past several months. It should attempt a retest of 11.6 and the breakout targets will double the portfolio to 16+ and 32+ extension. A long long on BTG.

cryptoshort Updated 

Long on NEO since 13 and will book +100% profit if it reaches the resistance (28). A failure below 18.86 will conclude this rally. So far it is strongly bullish and should push further.

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It is the main trouble for XRP to hold above partly due to abundant supply. I am sure with this long term exhaustive bearish trend, XRP will push to break above in due time. It needs news and spark other than crypto rising trend. I remain long on XRP and will be buying the dips.

cryptoshort Updated 

NCLH is in a flag, with net losses of -75%. If this pattern continues, we will get a nice push up while a good SL near 13.25 is needed to protect the asset. Upside 15, 17, 18 as targets.

cryptoshort Updated 

Brent is at a major resistance level, with more than 80% gains, it should seek 38 to neutralize the momentum.

cryptoshort Updated 

Tesla is consolidating post a historical breakout of 968. I believe, it will at least retest 1376, a point where we may expect 100 points of trade risk (monthly gap up). I am not sure it is yet rejected as we haven't touche the recent top again @1794. Given one of these levels holds, TESLA may resume an upward journey. If these levels break, the rally will be concluded.

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Airbus is nicely settled in a rectangular scalping range (70-60) with narrow stop losses. Break below should offer a cheaper price, break above bullish continuation. Daily momentum (RSI) and volume (KO) is picking up but due to sideways market, this is not relevant yet unless the price breaks above 70.

cryptoshort Updated 

Zoom is overpriced with bearish divergence. The recent breakout of the consolidation puts Zoom +30% of 50-days EMA. This is quite a lot compared to Netflix for instance. I expect a pullback and staying short on Zoom with a risk buy below 200 until 180 (the previous consolidation or Fib0.328) Further low to EMA50 will be a gift for newly rising stock. ZOOM growth...

cryptoshort Updated 

AF is trying to gap fill with a strong bullish engulf, it is trying to break 6. Weekly sell remains (RSI=43, MACD=-1.1, ADX=50) against recovering daily strong buy (RSI=70, MACD=0.1, ADX=36). The weekly pressure will be omitted if it breaks through Fib0.328(5.993). A follow-through is needed . Long Still 4.5.

cryptoshort Updated 

Zoom is eyeing to climb to 200 psychological level with a bearish flag and bearish divergence. Trade with cautionary SL (7pts down) as two key profit-taking zones are approaching 180 and 200.

cryptoshort Updated 

BTC's halving is nearer and the price surged +150% from the recent low. However, it has nearly formed a lower high so far and is trading the descending channel top. If 10.5 breaks, I truly believe that BTC is up for a run towards 30K this year-end or next year. However, if BTC fails, any pullback to 6000 area will need heavy buys to resume the uptrend. I was...

cryptoshort Updated 

With weekly channel down, BTC is aiming a test of monthly MA50=2964.3 (4-years avg). With successive bearish legs and nearly 50% down below the last consolidation range, BTC remains bearish and couldn't get higher than 4400 although it was expected to re-test the 6K support. It appears the opposite of a parabolic rise i.e. a parabolic fall, which simply means that...

cryptoshort Updated 

First, we see this: Original setup! Bitcoin price rises, corrects and finds the demand zone i.e 6000. All we need to know now how did this form. When you put a Fib level on, you as a technical person say that the price corrects back to the levels where it should have i.e eliminating overall 65%. However, investors use simple math i.e. 20K, remove 70%, what...

cryptoshort Updated 

Bitcoin is testing the weekly EMA200 (4200 avg) on various exchanges. Based on past price action we have not seen: A) Death cross (EMA50 falling below EMA200 on weekly). B) Price trading below EMA200 for months. 200 weeks average price approximates 4-years average growth. Thus, this price should provide some insights. If this level breaks i.e. 4200, BTC can...

cryptoshort Updated 

It is clear now that the price is neutralizing the exchange differences and premiums, where BFX has a pending (-2%) correction. I think once these manipulated differences are over, we shall see a move beyond the consolidation. Although we are in a new swing zone with a flat price, my expectations are that by the end of the month we shall see some volatility...

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You can follow my TradingView analysis on bitcoin along with trades on here: Crypto Short YouTube Channel TradingView Charts TradingView Analysis

cryptoshort Updated 

Yesterday's close was higher than the Fib0.618=6464 retracement level indicating that the recent sell-off (5H - 4 Blk Cows + Downside Gap three methods) could be a correction which is also supported by PVT hidden bullish divergence on 1D that I can't weight much since the drop was abrupt (noise). The immediate resistance zone 6600-6800 is as strong as the 6K is...

cryptoshort Updated 

Monthly closes above EMA10/EMA12 i.e. 1Yr average, which is a good sign as it also stays flat since early April showing a consolidating rectangle. At present BTC touched Fib0.382=7480 with the strong support zone 7200-6800. If this fib level hodls, 4th corrective wave will be done. Since 1D has entered a neutral zone, it shall consolidate with a reducing volume...