Bitdealer

Bitdealer

Knocking at resistance right now. I am currently flat. If we continue to close below resistance then I will short. If we break above and retest as support then I will look for long setups.

Bitdealer

Details on the chart

Bitdealer Updated 

I guess its time.. broke support and retesting right now

Bitdealer

Support finally gave in.

Bitdealer

tron

Bitdealer

Closed below crucial support

Bitdealer

Not looking good for ADA

Bitdealer

Will short after a breakdown & retest

Bitdealer

I went short after we wicked above but closed below resistance. Also have to keep in mind that 3890 could flip to support so that is my first take profit level. I moved my stop closer to my entry now that we have ran stops. Now I expect us to head for the equal lows & retest the bottom demand zone.

Bitdealer

Here's my ideal short setup on xrp. There's a lot of liquidity under these wicks & due to all the touches of support I'd imagine we break to the downside. Looking for price to move to the next 1D level at 7830.

Bitdealer

Been trying to keep my TA as simple as possible. Tapped into an area of demand but with a few levels of resistance above, the R/R wasn't there for me to long. I'm looking for short setups around these levels of resistance. Any HTF close below 3630 leads us to 3k

09:54

Bitdealer

Bitcoin is looking pretty bearish. I give my thoughts in the video. Let me know if I should continue these vids or just stick to regular charts. Still getting used to talking on video

Bitdealer

Drill this into your brain.

Bitdealer

BTC analysis on the daily. Details on the chart

Bitdealer

If institutional traders wanted to go long they need to engineer liquidity. They have to create sellers so they can buy. How do they create sellers? They trigger stops. Sell orders will flood the market if we break 5800, some from sell stops of the buyers, and the others from the breakout traders. Think of all the people who have longed low 6k this entire year,...

Bitdealer

Some questions you need to ask when looking at supply/demand levels: How did price leave the level? How much time did price spend at this level? Answering these two simple questions can give you better odds when taking a trade. My thoughts are on the chart.

06:19

Bitdealer

My thoughts on Bitcoin right now. Let me know if you like these videos or if I should just stick to the charts. Thanks

Bitdealer

Here's what I'm seeing. I'm not looking for any longs atm, only shorts because things are looking pretty bearish to me. I expect the weekly OB EQ to be a trouble area for bulls. Also the OB at 6800 looks like a good level to short.