XBTUSD SHORT OPP - 22.05.2019
ETH showing first signs of reversal - will monitor closely for confirmation of change in macro trend but not opening any short positions for now
No signs of trend reversal but bear in mind that we are at an important resistance level - last time we rejected from this resistance level the total market cap. dropped 60%, Pre-breakdown equal highs have also been raided but no rejection yet.
Switching to bull bias here. Will seek to be a buyer on a pullback if we get one, otherwise will scale in where I can.
Every time the F&G index has risen above 65, BTC has undergone a correction to at least the 0.786 fib level (as measured from the previous swing low up to the swing high that preceded each correction)
ALTCOIN MCAP EXCL. BTC - 11.05.2019 Lots of confluence for this being the top of the recent uptrend: Right at the EQ of the highlighted bearish orderblock, Undergoing a bearish retest of the broken trend line shown in purple, Easy-to-spot bull flag ---> Retail traders go long on constituent assets ---> Institutional players dump bags ---> Trapped retail longs...
Here's a scalp long setup on ETHUSD that I'll be taking if the 4H candle closes like this in 15 minutes.
ETHUSD - SHORT OPP - 27.04.2019
BTC Short opp - 10.04.2019
ETHUSD - Alternative Outlook
XBTUSD - Short Opp - 26.04.2019 Entered 50% of position at $5170. Remaining bids are between 5350 and 5450 confluent with CME gap fill.
ETHUSD - LTF LONG SCENARIO
ETH LONG OPP - 18.04.2019
ETHUSD - ALTERNATIVE OUTLOOK
ETHUSD - 16.04.2019 - Short Opp Entry: 165, Stop: 170, Exit: 138
ETHUSD - SCALP LONG - 17.04.2019