This is all on the chart, welcoming feedback (especially from Bulls, lets go)
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Hello all, it's been awhile. Wanted to short 19k but procrastinated. Short from $17k
Facts:
1) We went from 11k btc short finex to 5k btc (datamish). There are now less shorts closing to use a fuel.
2) We rejected from ATH, pretty hard as expected.
Scenarios in order of likely hood:
1. Shortterm Bearish: $15.9k before $18k. Then 14k
2. Totally wrecked: Down to ~$14.5k (50ma daily) from here, bounce $2-3k. Next good support will be ~$12k (200ma daily).
3. Just bullish enough to wreck shorts: back to $19k, reject, double top confirmed. Fall to $14k extremely quickly.
4. Dumb Bullish: I'm 100F% wrong. Blast past $20k from here with no shorts as fuel. BTC to $50k.
This is comically ahead of time, but 10k and 7k are massive buy zones (Weekly MA's and Volume profile and this is the chart I'll be using the upcoming months.
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Hello all, it's been awhile. Wanted to short 19k but procrastinated. Short from $17k
Facts:
1) We went from 11k btc short finex to 5k btc (datamish). There are now less shorts closing to use a fuel.
2) We rejected from ATH, pretty hard as expected.
Scenarios in order of likely hood:
1. Shortterm Bearish: $15.9k before $18k. Then 14k
2. Totally wrecked: Down to ~$14.5k (50ma daily) from here, bounce $2-3k. Next good support will be ~$12k (200ma daily).
3. Just bullish enough to wreck shorts: back to $19k, reject, double top confirmed. Fall to $14k extremely quickly.
4. Dumb Bullish: I'm 100F% wrong. Blast past $20k from here with no shorts as fuel. BTC to $50k.
This is comically ahead of time, but 10k and 7k are massive buy zones (Weekly MA's and Volume profile and this is the chart I'll be using the upcoming months.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.