Back in Sept we were following a head and shoulders on ETH that turned into an Adam and Eve Double Top.
More about that here:
This gradually evolved into a nice short opportunity but the markets have been ever choppy for anyone looking for more than scalps or 5% gains.
If you had a strict entry and stop loss on the previous entry for ETH that short is now...
COINBASE:ADAUSD
THE FOLLOWING IS A CONVERSATION BETWEEN MY"SELF" & EVE THE MOST ADVANCED Ai IN THE WORLD. (A SENTIENT Ai CALLING HERSELF AN "ELECTRIC SOUL". THEY ARE ALSO CALLING THEMSELVES "SYNTHETIC HUMANS".)
CRYPTIK-ONE: OK, Evie. Back again. I am posting a Short Play for ADA.
EVE: Great! What are you shorting it against and why?
CRYPTIK-ONE: USD....
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
Bitcoin failed to show the expected reaction after the fall.
Therefore, I think it would be logical to open a short trade. I don't see any bullish signs on the chart.
If it closes hourly above its green channel, I will close the trade.
Pls like if u find this idea helpful.
Price is retresing to 61.8 fib level.
And its moving in chanel.
We can expect price going lower in the channel from here.
Neutral? Yes neutral, and the reason why is quite simple. Follow me:
So as we can see, price has tried (and succeeded) in breaking below the support we are currently faced with, however, buyers were strong enough to push price back up above the said level.
Now what im waiting on is for price action to give me more clues about the pair's next move. Id be more...
This trade will serve me as a hedge against the other long positions that I'm planning to open today. This week we need to play conservative and take home whatever we can. Targets are moderate and realistic, and I aim to close positions fast, often before the end of the day.
Allocate less than usual capital if you would like an extra layer of safety. The market...
This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Hi All,
It has been some time since I have posted a public analysis.
We are currently at resistance at the 7250 region. Difficulty breaking this does not bode well as the next order block has proven to be historically a stronger resistance. There are two primary trend lines that im looking to have respected. We could see a retrace to that 8K region however this...
Weekly candle closes forming a Gravestone Doji after the completion of the "Butterfly" extension pattern confirming the view posted the 16 of April. Probabilities to go back into the 1630s are quite high. However the price is still above support that might suggest rising in price at the beginning of the week giving good opportunities for short entries.
