LCGraphe

LCGraphe

I'd like to short this thing, but we might get a bounce here. BTC is under resistance and longing here is risky, so I'll just watch PA unfold. We've also hit trendline multiple times and we could get a reaction if hit a fifth time. Please note this is LTF, and I'm still bearish on MTF like 4h. I think bounces offer short opportunities. EDIT : Well, took me too...

LCGraphe

I think everything is in the title. We either bounce from green zone into blue, or we smash through green and die to at least 9k. I'm waiting for a clear setup here, but this is where I would take a counter-trend long, if we gain some support. First logical target being blue zone. If bulls get momentum, we could go to red zone. Personal opinion (but you don't...

LCGraphe

No matter how you name it. "Bearish order block", "First trouble area", "Bearish retest", etc It just shows one thing : BTC couldn't hold the consolidation area that lead to the Break Out on LTF. This lead to one conclusion : Bearish. According to yesterday's analysis on the 4h TF, all the long positions are considered short term play. Don't fight the...

LCGraphe

Here is the pivot zone where we might start to look for shorts. Right now, it seems price could go higher, so I'm waiting for a confirmation before opening a short position. If rejected here, it would mean everything we had above 12k was a fake out, and I foresee prices going south, certainly below 9k. On arrive dans la zone de flip, où je chercherais à passer...