Penjualan

Diupdate

prognosis: stay short on longer timeframes (BTCUSD)

there is a lot of rabble rousing, stronk posting and hodling out there in the bitcoin space right now because we pulled back from the lows. i think its quite possibke that we 4hr bearflag, and this carries back up to the weekly timeframe where we have been bearish since november 2021. the bottom line is that we are at the upper bounds of a channel since then, and unless we immediately break it to the upside we have not reversed the downtrend. shooting star or bear doji would confirm my suspicions that this is a weak market.

Catatan

i think were about to see qqe short entries on multiple timeframes based on what this potential pattern would do to rsi:

Catatan

target 38123.45 🤷 it looks like a random level but its not

Catatan

topfishing if we hit 425

Catatan

as you can see btc is losing market cap

Catatan

if you are getting more bullish on btc as dxy continues its trajectory upward youre gonna have a bad time

Catatan

aiming for 39225

Catatan

the price is threatening to break below the lower band of auto anchored vwap:

Catatan

we would need to get above 432 for longs to hold water:

odds are higher that we bearflag

Catatan

topfishing any move that sets a lower high hourly next sell target 42198 gap close

Trading ditutup secara manual

cut half loose here let some ride stop 42525.25

Catatan

were down roughly a percent... good region to cover

Catatan

topfish if we get up to 425 and reject
if we start breaking above 426 and confirm id look for 444

Catatan

qqe has punched in a very odd long entry im curious to see where it goes

Trading ditutup secara manual

cover everything

Catatan

this range/cypher appears to be breaking bull

Catatan

typical to see a pullback from lows in a downtrend
heres how i slice it in terms of retracement:

Catatan

if we reject from 422 it would remain sell

Catatan

if we break 419 i think well get a really nice rug pull

Catatan

every touch of upper bb has been bearish since november:

strong trend it will take a lot to change it

Trading ditutup secara manual

good area to cover half again

Catatan

unless we break to new lows cover everything

Catatan

if we get into a region where the price overbuys rsi and breaks the uptrend rejecting 422 this could get into reshort territory with a short entry on qqe 5 minutes

Catatan

id imagine if the .5 is our higher low that we bounce around in a tightening range for weeks

Catatan

covering is likely the best option

we hit .618 daily

cerealtrades

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.