njmanura

njmanura

Current rally excited many bulls, but I am not bullish until we break this trend line convincingly.

njmanura

There is clear hidden bullish divergence in RSI. In addition, there is a bull pennant. The problem is this is so obvious, Bitmex and bybit guys may counter trade to liquidate longs.

njmanura

Head and shoulders and descending triangle. This is bearish whatever the narrative.

njmanura

I really love these triangles, In addition, Hidden bullish divergence in RSI 4 H.

njmanura

We are going up, as the downward trend line is broken and acts as support.

njmanura

For a short time we may go up.

njmanura

Every now and then a healthy bull markets esp. Bitcoin need to visit 21 EMA and other moving averages. So I am shorting.

njmanura

Every healthy bull market need to test moving averages once in a while, I think current move will go and test 21 EMA within one or months. So I am shorting.

njmanura

Most of the alts charts i looked show bullish divergence in RSI, with falling Bitcoin dominance, May be entering into major alts now is a good idea.

njmanura

Bullish divergence in RSI Bounced off nicely from 0.382 fib Also note that when everybody is screaming that this will go lower Bitcoin usually do the exact opposite, So don't go short on Bitcoin Now.

njmanura

If rejects this will be temprarly bad for bitcoin and we may see significant lows, and US and Trump going to war with crypto does not help either.

njmanura

Broken the symmetrical triangle and 21 daily MA, Next stop at 55 D EMA, which is at 9800, it will act as support as it was the previous bounce point. So two supports converge at 9801. Can short and have stop loss at 11100.

njmanura Updated 

Contrary to popular bullish sentiment, technicals indicate weakening of bull strength as this is approaching 0.618 fib. I may be wrong and Bitcoin could go to 16000$, This is bitcoin after all. 1. Bearish divergence in RSI 2. Volume is decreasing. I have closed all my long positions and waiting in the sidelines

njmanura

It seems bitcoin is successfully testing 12500 support level. This is bullish and we may touch 16000. My previous trade completed just as I planned.

njmanura

Bitcoin has broken out of triangle and retested the support, and seems to be supported by 0.5 fib level.

njmanura

BTT Forming symmetrical triangle and with binance competition, can enter a trade with 4% risk if you enter the trade at 24 sats.

njmanura

If you take this trade put stop loss at 74.5

njmanura

Short