The Whales' Master Plan The Plan: 1: Accumulate a large amount of bitcoin at a low price 2: Unload the large amount at a high price To do this we will need a large amount of participants willing to buy bitcoin at a high price or forced to buy bitcoin at a high price. Hindsight is 20/20
EEM which can be thought as "Emerging Markets" looks fucked to me. Short this. Baring a sudden trade deal this week (unlikely), EEM could see sub $40. The puts I purchased last week have already doubled in value. :) From a TA standpoint, let's review. Price is below the green line (bearish) but bounced off support in the last 10 minutes of the trading...
Hello, I hope you are all been trading well and made a nice profit on my last call. I still see upwards potential in the charts. I always look at the shorts chart also, they are still quite high, fuel for one last push to the upside. This will complete a Elliot wave. And I know that the drawings of this theory are very subjective, but my drawing follows the...
NIO is probably a good buy, long term. But short term, I'm seeing nice profit off my NIO short term puts. NIO could turn out to be the buy of the century... at $2.80 :) We can see here, NIO is coming to the end of the wedge it began forming on April 1. The price (and market in general) was pumped up in the last 10 minutes of trading today by algo panic buying,...
RIOT puts have been doing awesome the past week :) Why is RIOT a piece of shit and why should you short it? Well, namely they fund their operations through share dilution. Management is also highly inexperienced. Oh, and I think they defaulted on a loan or something? I know they gave a lender a whole bunch of cheap warrants to exercise around the middle of...
SNAP looks bearish as fuck 4HR and my honest hope is the price holds just long enough into open that I can score some cheap 5/3 and 5/10 puts. Better yet, the price spikes slightly to 11.30 and sells off from there. Okay, so let's break it down. Bear flag, clear as day. Other notable mentions would be rising wedge, rising price on declining volume and...
As the price of Bitcoin continues to grind higher the Bitcoin Shorts are also climbing higher and may soon reach into the all time highs again. Somebody is seriously wrong, who is it? Me? You? Us? Them? Stay tuned...…. Below is a look at the current short positions.
Quick update on a few things I'm watching last few days for BTC. 4 Hour - after we hit our recent high for this year, we are now seeing a couple of lower highs. Generally I view this as potential consolidation beginning for the daily chart but thus far bulls aren't sinking to lower lows on 4 hour. So I'm fairly neutral here and just patient. Daily - looks as well...
Bitcoin Longs vs Shorts with RSI analysis Top plot - BTC/USD Coinbase spot price Mid plot - BTC/USD Bitfinex Longs versus Shorts Bot plot - RSI of LvS LvS > ~ 70 = overextended longs; potential drop incoming! LvS < ~ 30 = overextended shorts; potential drop incoming! Credits to Murad Mahmudov's tweet for bringing RSI of LvS to my attention. twitter.com
We are approaching a major resistance, we can look for shorts. Wait for bearish candle to form on weekly chart and break below the 42.00 level.
OPTIONS PLAY: LONG PUTS or sell calls. Entry: $108.97-$110.00 Target: $90. Keep an eye on the sub wave 1-2 extension at $110 at 3.0. A blow past the green zone will have to reconsider the count. Puts 2 months out, cant go tits up. This is a close-up of the larger wave 3, see my long term chart for this. The EW count suggests we are at the top here and about to...
Check out the ALL Longs vs Shorts Indicator, Click Here It can display any pair's Longs/Shorts on BitFinex The amount of Bitcoin short positions on Bitfinex fell by 20% this morning following a 6,500 Bitcoin short order being closed. Usually a move of this magnitude would move the Bitcoin price up, but it didn't break $5,350 level of resistance. The lack...
BTC/USD shorts look like they want to drop here. Is this hinting at a pump? Blue triangle indicates the current range. Green box is buy. Red box is sell. Blue line indicates major resistance. This is a log chart.
Shorts are just that. they are short. Its Paamp time!!