This is my new short position on BTCUSDT, price of BTC has been going up very fast for the past few days, and now it seems to have reached exhaustion, in sharp uptrends this usually means a ranging market is coming for the next few daily candles or a retracement to touch some important moving averages and to gain more volume to continue going up. This could be a...
A very nice trade with a very nice entry and a very nice target profit and a very nice target stop loss to stop any potential loss and avoid liquidation. Good luck trading!
Very likely to result in profit due to confluence with my trend indicators and a massive new trend direction change on the daily candles. Good luck!
I have a insane strategy which could lose, but over time is profitable, this is my current trade, sharing it with yall
Don't get too excited over a 10% price jump within a 25% price correction. We still have to break this EXTREME resistence at 49-50k. Not only is there major resistence on many trend indicators, but Bitcoin had also broken below two parabolic curved lines following its bullrun which currently is at around 50.1k and stands as a potential major rejection point on...
This is my analasys on the daily candles, a potential inverse head&shoulders.
As we can se Bitcoin has been trading within the large rising wedge which was a dead-cat bounce that had topped at 53k. Right now we have broken the key support and are most likely headed to 28k or even lower, however we have to pay close attention if next few daily candles close above 44-45k region which would indicate that the low 40k levels acted as strong...