It will probably make a false move on the downside and then we will see a big impulse wave up!
If sentiment is to negative, it could accelerate down!
If it does go up, it's only short term, after that it will most likely continue down after reaching it's target!
If sentiment is to negative, it could accelerate down!
If it does go up, it's only short term, after that it will most likely continue down after reaching it's target!
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Here comes the last drop to 9700/9650Not
Almost there, first ones are inNot
2 out of 3 things came true, it would make a false move dropping it (even thought it was 200 points more than i thought), that it would make a big and fast move up towards 9400 (it got stuck at 8900) and that it would drop further again. That it did. But ofcourse the strategy did not work out as i hoped. Now it has made a small H&S
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This spike was what i expected earlier today :). I have shorted it again just now. I think this is mostly short covering and therefore only temporarilyNot
Looks like it's going up, but volume is low so i am not yet convincedNot
It should drop to max 8800 no, even better if it bounces up from 9100Not
The 2 red areas have doen there work clearly, its making a triangle now, wich could break upwards, but I think it Will drop towards the 8800. From that area I think it will take out the 9500 and go towards the 10KNot
I am shorting it now at 9380 with a stop just above 9500Not
Here you can see some trading channels wich BTC makes many times. These are very tradable if you want to make short rides. On the left you can see a failed H&S, wich i have mentioned many times before, that IF it fails you see a fast counter move up. You dont want to be short when it happens. Therefore it's better to wait for confirmation or use a very short stop when you see it goes the wrong way. In this example you can even see a fals break of the neckline. So always fingers on the trigger. The 9450 is a clear resistance in combination that it fell out of the small upwards channel, wich it has tested a few times now as a resistance. Chances are 80% it will drop from here. If it stops at 9200/9100 or drop towards the 9800 is guessing ofcourse. Better to look for some sort of reversal on the 1 min chartNot
If my guess is right, i saw some wash trading at 9400, than it should mean it will probably go down no. Even though they try to push it through the 9400. I always am suspicious when i see fast buys of of round numbers of 5,10,20 and up getting bought against a big sell wall. Lets see if i am right. Fingers on the trigger because it close to a breakoutNot
I have added a few at 9470, stop around 9550Not
I have closed the second half at 9320Not
This is a scenario i think is very possible to happen. Don't star to blindly to it, but it's very realistic. I think the final upswing will make a flase breakout to the upside, as you can see in the green area's in the first to on the ledr. Because it has not made one NOW, i dont think this the end of the upswing. And i give it 20% chance that it will make big moves in weekends. Not
I am outNot
If it does not reach it, i will probably short it if it drops below the low of a few in agoNot
Here you can see the 1 min chart of LTC, a certain strategy i use for short small trades. Both green area's show similar picture. The think black line is marked as a low. If after a new high it drops below that black line, that's a sign it is (could be) weakening. Than i wait until it gets close to that red line to short it. Stop is than around that previous high. The first green area it didn't work, this time it is. It has to drop towards the 152/144 for me to close it. Now it is running in my direction, for now i am lowering my stop to minimize loss and/or guarantee a certain profit. Depends on your strategie and risk.I sometimes post some of my short/small trades, but i normally i wont because a fast reaction is needed sometimes. This is just to give you some insight in my trading strategy
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Now i am short again at 9150 :)Not
It's turning up again, gonna close it any secondNot
I posted a new chartFeragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.