Third rejection soon be ready to short, 10k on the way!
Hi Traders,
We closed out some amazing profits on recent shorts yesterday (just as price began to reverse);
XRP 0.53c -> 0.45
APE 5.2-> 4.2
BTC 20.3 -> 18450
I have now closed out the hedge longs with some small profits, they served their purpose.
I have made a quick (and rough) line drawing to illustrate current price direction, we have a big break out coming soon.
Now firmly believe and will be shorting this evening depending on how the US markets open, anticipation a small upward continuation overall but closing with some rejection wicks in critical areas.
The same for BTC, anticipation a pump to the 20k area for the 3rd and final major fake-out rejection before slowly downward this weekend.
MONDAY - has the making for a market crash, if one is historically wise they would know we have major pumps in the markets (2% for the stock market is on point) to clear late shorts and entice bulls BEFORE A MAJOR SELLING EVENT. So we are anticipation Sunday to be quite bearish for BTC and the smart money beings to exit the markets/MM remove liquidity holding price up.
Tonight should be the shorting opportunity before continuing below the 18k supports.
SO we are looking to up shorts on XRP/APE/ETH/BTC
I have chosen these coins specifically for the added % return on the drop, XRP obvious given the recent rise/APE given it is breaking downward out of the massive H&S looking to hit $2 or lower/BTC and ETH for obvious reasons and they have been held up better than some alts which are already too low to short.
Price would have to hit and hold above 20.8k for us to consider the bulls a chance as preventing such a collapse - but if we are honest, the macro environment is terrible and numerous events loom and catalyst for a dump to 10-12k (and the stock market similarly).
Also KSI tweeted 21k incoming yesterday, one would say that is a prime top signal (joking) ha.
I will follow this posting for the XRP/APE/ETH/BTC daily charts to show TP points for shorts... posting this in advance as an explanation.
Goodluck,
Asset Mastery
We closed out some amazing profits on recent shorts yesterday (just as price began to reverse);
XRP 0.53c -> 0.45
APE 5.2-> 4.2
BTC 20.3 -> 18450
I have now closed out the hedge longs with some small profits, they served their purpose.
I have made a quick (and rough) line drawing to illustrate current price direction, we have a big break out coming soon.
Now firmly believe and will be shorting this evening depending on how the US markets open, anticipation a small upward continuation overall but closing with some rejection wicks in critical areas.
The same for BTC, anticipation a pump to the 20k area for the 3rd and final major fake-out rejection before slowly downward this weekend.
MONDAY - has the making for a market crash, if one is historically wise they would know we have major pumps in the markets (2% for the stock market is on point) to clear late shorts and entice bulls BEFORE A MAJOR SELLING EVENT. So we are anticipation Sunday to be quite bearish for BTC and the smart money beings to exit the markets/MM remove liquidity holding price up.
Tonight should be the shorting opportunity before continuing below the 18k supports.
SO we are looking to up shorts on XRP/APE/ETH/BTC
I have chosen these coins specifically for the added % return on the drop, XRP obvious given the recent rise/APE given it is breaking downward out of the massive H&S looking to hit $2 or lower/BTC and ETH for obvious reasons and they have been held up better than some alts which are already too low to short.
Price would have to hit and hold above 20.8k for us to consider the bulls a chance as preventing such a collapse - but if we are honest, the macro environment is terrible and numerous events loom and catalyst for a dump to 10-12k (and the stock market similarly).
Also KSI tweeted 21k incoming yesterday, one would say that is a prime top signal (joking) ha.
I will follow this posting for the XRP/APE/ETH/BTC daily charts to show TP points for shorts... posting this in advance as an explanation.
Goodluck,
Asset Mastery
