deactivatedaccount123

Be careful! $11.8 or $9.8?

deactivatedaccount123 Aktualisiert   
BITSTAMP:BTCUSD   Bitcoin
Consolidated in a symmetrical triangle with a breakout.
This is the 4th attempt to beat RSI resistance while DIVERGING.
Serious, SERIOUS volume needs to come in to displace divergence on higher TF's.
We could go up here but all higher time frames are absolutely MAXED.
We are close IMO to a major short entry.
Be careful here. This looks like it COULD be one of those disastrous 'H' shaped drops.


Daily closed inside 2 prior wicks. That means over the period of 3 days Bitcoin has tried to get above the current high and failed.
3 days.
This thing could come DOWN.
That said, I've been wrong on every 'top' so far so "This time it's different"?
LUL.


Only posted this to look at it later.
Kommentar:
Notice the volumes.
Sell volume increasing while buy volume is diminishing.

Serious volume and price raise needs to happen here or we're going down hard.
Kommentar:
dumpy dumpy
Kommentar:
Something I really wonder about this screenshot in particular.

3 significant lower highs in strength.
For over a month.
A MONTH.
You mean to tell me, that in a MONTH we can't beat prior RSI strength?
The last rise where we hit ~$11.3k ish was literally nothing but green candles.
Why couldn't we blast past the ONE RSI resistance that we need to beat so we aren't diverging on this time frame?
Kommentar:
Build it up, just to tear it down.
Get ready, cause it's coming...
In 3....
Kommentar:
You're buying their bags from $3k and have been. loool.
3rd time's the charm.

Be prepared for a new high. Only this time, if it does indeed hit a new high, also be prepared to watch your long close significantly under the stop you have. :-)
2....
Kommentar:
Kommentar:
"We're building it up
To break it back down
We're building it up
To burn it down
We can't wait
To burn it to the ground"
2.....
Kommentar:
eeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
Kommentar:
sir Chaikin Money Flow is not a happy man
Kommentar:

yeet
Kommentar:
My favorite alt is about to hit some serious support.
:-)
Kommentar:
$11.4k/$11.6k
Absolute highest I see us going, at least for now.
This will be a very quick pump to liquidate shorts.
That'll be your short entry.

:-)
Kommentar:
Here's a short entry for those on Mex.
Kommentar:
An update I am working on.

2...
Kommentar:
$12k.
You're welcome. :)
Kommentar:
Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.