Blitzen3000

Blitzen3000 Updated 

June 7 swing from  $31,000 to $41,000 a swift bullish reversal ( pin bar ) proves that there is buying activity around the 30K AREA. This denotes that strong buying activity is still present at the lows. Though it is a confirmed bull trap after the price rallied this triggered a selling pressure  which led BTC to a new low of $28,600.  Bullish Scenario: If the...

Blitzen3000

Buyers won the last time when BTC tried to retest the S30,000 level and it was followed by two large green candles on June 9 and 13 respectively. This move means that the majority of the herd are willing to take BTC lowest level at this short-term range This range is $39,800 to $30,000 level. This price action formed an inverse H&S. It is more visible at the 4...

Blitzen3000

Total market capitalization is slowly trending down, capital is going out of the market. Levels to watch for total alt coins market if we break $185B there's a possibility that August will be a red month (Shorting is still majority of my trades spotting on the LH ) But we cannot take away the possibility of market reversal in the short term as the market will...

Blitzen3000 Updated 

Sideways movement for the past two weeks. What is the next move ? Are going on the upside or downside ? As long as there will be rejection on 2800 ~ 2850 range (redline) we will move on sideways. Unless there will be a swing low on 2000 level this might trigger further movement on the downside or this will become a demand zone. Let us always wait for the market...

Blitzen3000

BTC heading towards $27,000 - $24,000 for a retest if we will break $30,000 support level.

Blitzen3000

Taking 100% of my long position at TP 1. 200% profit from our adjusted entry point. ( Market order ) Let us again wait for the market to show what is the price price direction.

Blitzen3000

Plan is to enter long at 2425 with 20x leverage 1% - 2% of port value. Stop loss 2172 TP 1 2745 TP 2 3000 Our order was not filled at the entry price instead I entered the trade on market order at 2578 Moving the stop loss at 2279 TP 1 2800 TP 2 2900 - 3000 range We are anticipating a 2900 range retest. Let us then evaluate our trade based on what the...

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BINANCE:ETHUSDT Anticipating another 2900 level retest. Let us see if there a chance the order will be filled.

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What if this will print after this correction are we going to see another waves ? Just thinking out loud. 1. SEC issue ? 2. Plan to go public ? 3. Please comment any futures plans of Ripple.

Blitzen3000

After we closed our short position we saw a concentration of buying volume sending the price to retest the 2500 level dropped down to 2300 and buyers took trades again . Basically that is what triggered us to close our position. Why do we not take long after the short position ? We want to be more defensive in our trades. Let us wait for a clearer price...

Blitzen3000

The chart suggest that the price will try to recover for sometime how long ? Let the chart show to us the answer. Our expectation is line that separate us from reality. Often than not we tend to see what our mind wanted to see instead of seeing what the market is showing us. Let us always wait for the price to come in our favor.

Blitzen3000

ETH Entry Short - Closing Position taking profit at 2215 level at -18% price drawdown from our entry point. Since we are doing leverage trading we took this trade with 20x leverage. Let us wait for a new set up. Set up that we have an edge. Let us wait what the market does and where the price is heading.

Blitzen3000

DOGEUSDT currently moving sideways. With the recent crash key support level of 0.39 turned to resistance level. Let us see how institutions and big retailers take doge for the next two to 3 weeks. No call for now for Doge. Let us wait for the market show us where the price is heading.

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Looking back at the analysis this trade gave a quite good profit range of 250% to 300% return on the spot position. If you took a spot trade and take you profit near TOP. A big Congratulation! Now it this a quite on the verge of transition to declining stage. Let us see what the market will do. Be Patience.

Blitzen3000

Price Failed to break the recent LH of the structure this may lead to another LL of we see majority of long order will be closed or got liquidated. RSI in curling down along with the MACD. Let us see if what the market will do and follow the plan accordingly.

Blitzen3000

BTC Showing some upward momentum though the volume is not quite high. Let us wait If BTC 11200 and how it will react if the price will be hit.

Blitzen3000

BTC next key support level 9800 level if this price will not hold it will print a new LL around the next key support level 9,500 to 9,200 area. Price level need to watch 9500-9150 area. if there will be a sell off price might touch 7,000 level.

Blitzen3000

Upddate 09/08/2020 Analysis "BTC should bounce at this level ( wicked out ) . This happened BTC manage to bounced at 20 WK EMA. now its again trading on rarely traded price. To maintain is bullish outlook. Closing below this level will cause shake out. And might turn a bearish sentiments. Still manage to go above 10k and touched 11K Update Key Support Area (...