The_Cannalyst

Is it time to short the Beast?

Kort
The_Cannalyst Uppdaterad   
BITSTAMP:BTCUSD   Bitcoin
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?
Kommentera:
touched breakout-Level...!
Kommentera:
again bo-time now?
Kommentera:
here we go!
Kommentera:
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
Kommentera:
ok, we have seen a retest....
Kommentera:
the hurdle was too high at the moment..is this the short? the hourly rsi is negative...
Kommentera:
ibn the daily are no selling signs to see
Kommentera:
is this a tiny top? Level to watch = 4200
Handel aktiv:
Kommentera:
reached min TP H&S don`t Forget to trail your stopp and make your Position riskfree
Kommentera:
trading below 4190/4200 is still bearish...the chart brightens above that Level
Kommentera:
rsi is oversold now, but no Signal yet
Kommentera:
trendbreak of the ultrashortterm uptrend....
Kommentera:
we reentered the bigger trend....will we make a new "3"?
Trade stängt: målet nått:
YESSSSSSSSSSSSSSSSS reached all H&S TP`s
Kommentera:
those who made that trade could try to hold a part of this Position strategically for the longer run
Kommentera:
Now we can see a selling rsi-signal in the daily..
Kommentera:
Kommentera:
Kommentera:
ok, it is smelling bearish a bit...
Kommentera:
thats great!
Kommentera:
below 3850 i exspect a Little selloff down to the "3"
Kommentera:
Kommentera:
we reached the "lst" Support at the the38,2 in the hourly, the rsi is signalizing that we see a Kind of countermove soon
Kommentera:
Kommentera:
???
Kommentera:
Kommentera:
4200 still is the level to watch!
Kommentera:
a h&s to form the right shoulder of the bigger h&s ?
Kommentera:
Kommentera:
unchanged view totday
Kommentera:
no more H6S..that`s great! let`s make new highs :-)
Kommentera:
here we go..breakout time again
Trade stängt: målet nått:
reached tp1
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.