Time to go short into the Halving?
TD9 sell signals on both the 4H and the 1D.
Huge overhead resistance.
We haven’t had a meaningful pullback to test support.
There may be a final FOMO push into Halving however stay safe and realize that this thing went up like crazy for many weeks now.
Not financial advice. Just charting ideas.
Huge overhead resistance.
We haven’t had a meaningful pullback to test support.
There may be a final FOMO push into Halving however stay safe and realize that this thing went up like crazy for many weeks now.
Not financial advice. Just charting ideas.
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Better view. S/R levels and trend lines in the chart.
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Possible scenarios. Basically sooner or later I expect this to test lower S/R areas and thus find being net short to have better RR currently. Bias could change but for now, this is my thinking.
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Another possible scenario. Basically I do not expect this to go much further.
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Absolutely nothing has changed. It's a waiting game right now.
Trade active:
Huge nuke just now. Funding flipped from + to - like crazy. Could be the start of the correction or a shakeout.
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Next levels of importance: $8580, $83xx, $80xx.
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Incredible rebound. It's looking more likely that this takes another leg up but we'll see. I'll construct a game plan in another thread soon.
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This is looking weak. A little toppy and the 2D has a TD9 on it also. Will check tomorrow on the daily close.
