Taking the signal for short here for BNBUSDT down to the white level, although i know CZ won't like it..
Taking profit here, thinking we are going to perhaps pop back up.. usual manipulation for btc.. If i'm wrong, going to continue shorting once PA and the script shows me its time
As you can see on chart, I expect Gold to bounce around between the Weekly and Monthly open. Once PA becomes a little clearer, it'll follow the candle pattern in Green, and head upwards. OR we head down south.
Im still bearish on BTC, this is currently my thinking on its direction from what my script tells me right now.
Looking on a higher time frame chart, seems to me we just rejected from this PA area of 28-30k, lose 27k and we should be heading back to 20k territory.
In a short from the signal that printed yesterday. PA suggests to me that we are heading further down than the last recent lows printed, although we may pop up again from this for one last short entry. These are the levels I am looking at currently, where if we are on a bigger downtrend i expect BTC to work its way towards. Lets play it level by level.
Two options for bitcoin in the very short term 30 minute chart.. one option sees us consolidating under resistance and pushing up level to level. The other option sees #btc pushing up and getting rejected, and dropping back much lower towards the 25k region.
With the signal this morning to short and the barcolor trend changed, i see PEPE working its way downwards around 60%+, lets see what reaction it gets there and then perhaps long it once more.
Looking at the current trend, i am looking for a push upwards where profit from longs should be taken.. Pretty sure its going to get slapped down hard if it pushes up more, which points a level in orange around 15k for me that needs to be re-tested in my opinion (don't shoot me).. Still in longs for now. But within the two red lines i will look for shorts and...
Just to get an idea of where PEPEUSDT could be heading, popped some fib levels on chart, expect it to keep going upwards but the way to play it, would be to buy pullbacks unless the price action structure or a huge candle wick really suggests it's reached the top on a high timeframe chart.
Looks like EURGBP next move is to the downside, looking at price structure and closing below key levels.
My thinking here is that BTCUSD scam pumps a little higher, to take out late shorters, then we work our way down to the 18700 region. Not short off the price here, will look for a short entry higher up, then wait for confirmation.