At present there are no signals to short btc. Ok, the BB`s are streessed out, but the rsi is not bearish yet. But isn`t a short (SL=ATH) a nice try? I don`t like countertrades, i won`t trade it. But you risk lovers could use this view perhaps :-) the chance-risk-ratio is ok, a thinkable first tp could be the 38,2 fibo @ 3500$, the more favourite dip could be the former ath or breakout-lebvel at ~ 3000..all in all are no selling signs in this timeframe...let`s see :-)
the shortterm view is still bullish
former views: Breakout-time again? Nice H&S? Flag attack? Trying to catch the end of the consolidation Killer views: Buy @ 780 Sell @ 1400? 780$ = level to watch! Explosion ahead?
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touched breakout-Level...!
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again bo-time now?
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here we go!
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RSi is weak now in the hourly. --> that makes a retest of the bo-niveau more likely... at the upside possible TPs are 4385-4400
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ok, we have seen a retest....
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the hurdle was too high at the moment..is this the short? the hourly rsi is negative...
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ibn the daily are no selling signs to see
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is this a tiny top? Level to watch = 4200
交易進行
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reached min TP H&S don`t Forget to trail your stopp and make your Position riskfree
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trading below 4190/4200 is still bearish...the chart brightens above that Level
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rsi is oversold now, but no Signal yet
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trendbreak of the ultrashortterm uptrend....
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we reentered the bigger trend....will we make a new "3"?
交易結束：目標達成
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YESSSSSSSSSSSSSSSSS reached all H&S TP`s
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those who made that trade could try to hold a part of this Position strategically for the longer run
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Now we can see a selling rsi-signal in the daily..
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ok, it is smelling bearish a bit...
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thats great!
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below 3850 i exspect a Little selloff down to the "3"
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we reached the "lst" Support at the the38,2 in the hourly, the rsi is signalizing that we see a Kind of countermove soon
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???
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4200 still is the level to watch!
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a h&s to form the right shoulder of the bigger h&s ?
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unchanged view totday
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no more H6S..that`s great! let`s make new highs :-)
@Maryjane,
Let's go to 5000? Or are we going to the 3600?
The_Cannalyst
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as Long btc is trading below 4200 i see no higher highs @mozartc,
schizaar
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So now its a fast lane down? :)
IvanLabrie
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I did short today, looks like sideways chop, or maybe a bit lower, into last week's range. Entered at 3655 EUR (XBTEUR)
Hedging cause I have a big position open from the July 16 lows...
Cheers.