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Buy the DIP after this drop

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BTC is turning around. We will drop once more prob around halving as usual. This event is a promotion, promotion means people selling to you which means asset is in an unstable hands. We will drop and then we really begin a new bull run. ALTS also!
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If you are shorting this keep in mind that this event is special in many ways. Hard to foresee the impulse especialy cause of the stock market. Keep this in mind. I think we break down here and after that we brake the trendline and make HH. But we could impulse waaay up and make this area right now as support. Stops close

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Took a bit off, trade is now risk free

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Previous trade was close in profit. Starting new position here

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Will add up to 10300 if we even get there. It is still risky since halving is still couple of days away. We prob start the dump right before or right after the event. Moon after the dip.
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Food for thought

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Halving hype looks weak.. sell the news?
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Maybe a swift 9500 but prob wont hold, we need a washout
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This is the plan, add to short on the way down. If we break up there is no short trade. If we consolidate above, I will look at longing it

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Small entry

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Are you ready?

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Took its sweet time but now we here, going for it

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Took some profits on BTCUSD short and bought a bit BTC @ 9440
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Bought more at this TD9

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Where do we go from here? XRP leading this time?

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Friendly reminder that you don’t long at resistance, you long above it. This is a great short spot with tight stop if you are leaning bearish.
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Gonna be AFK for the good part of today and tomorrow. Happy BTCUSD trading.
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Eth

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Btc

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ETH went a bit better than BTC. Went to 210 .
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Now I am bearish again, looking at this

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So the plan is, short if we break the channel down. Prior to that we can push to 9450 9500 (top of the channel) in case we do that I will short there with a very tight stop and the add on confirmation of breakdown and potential retest of that break.

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We broke down and there is lots of down where we can go... stay safe

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TP1 hit

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This was great series. I am expecting the big drop this week
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I am posting these bearish charts because you have to be prepared for scenario like this

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I was only kidding, in reality I think that this would be quite enough for last flush

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Food for thought

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apeliquidation
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Bitcoin (Cryptocurrency)BTCBTCUSDTrend Analysis

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Bitcoin (Cryptocurrency)BTCBTCUSDTrend Analysis
apeliquidation
Também em:

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.