Nearing top of logarithmic resistance, we haven't tested this and it is more significant than linear! Stop-loss accordingly. Good luck, excellent short. When we hit 11492-11666, TP 10900.
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Entering target zone.
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We are now in the resistance zone, nearing logarithmic resistance line. Potentially forming a cup and handle before breaking.
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Shorting between 11775 and 11492
Transaction en cours
Our short target hit and active!
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10800-11000 seems like a good support, cloud is there too, should make a handle there if we want more up.
Transaction en cours
Chart is doing a great job! If you like my charts please leave a like, really appreciate it. You can also find my twitter and telegram in my personal signature.
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We went up again, bitcoin will now start to test for the first time since 6 Jan the major logarithmic downtrend line.
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We could be in a big bulltrap, so I would advice to short this line with proper stoploss above. If the line stands, targets can go below 9k longterm.
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Well first major target of this short would be 10250.
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We are seeing quite some divergence, volume still declining.
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Short targeg was exactly hit, let the bulltrap begin!
Transaction en cours
Short doing excellent job so far. We might even go lower.
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10400 is a range to open a long.
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We are at the bottom of the channel! Congratz who held their short. Personally I think one should add if it comes up and not close. I have a strong feel we will go below 6k longterm.
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.