Wynnsa

Wynnsa

Added Short entry 10450 SL 10500 TP 9200 - 9000

Wynnsa

This is current Trade In Play AO 20/09/2020

Wynnsa

No analysis, just charting general direction #1

Wynnsa

Not serious... but well... actually it is.

Wynnsa Updated 

BTC has put down some new foundations and is currently ranging between $8.5k and a strong $8.2k. Will it break

Wynnsa Updated 

Possible bearish outcome if support is broken..

Wynnsa Updated 

Its fair to say the majority of TA is bearish in its outlook for Bitcoin. Its easy to see why most TA is expecting a fall, especially with those that consider BTC too expensive at $10k. But it also makes me nervous that so many are sure of a fall - BTC tends to surprise and BAKKT is round the corner. Im thinking 2 outcomes at the moment; "Bitcoin keeps getting...

Wynnsa

This has been one for the swing traders that saw this wedge early, it has been incredibly profitable for some. For everyone else who isnt a manipulator, we are waiting to see the outcome. Fundamentals aside (equally weighted IMO), the two trades shown will give good return one way or the other. We are either in a continuation pattern or a reversal, we wont...

Wynnsa

No TA on this one, just having some fun and testing potential scenarios for bitcoin if the halving works out positively. IF we drop further this year and remain in the bearish channel downwards, we could enter a 2nd cycle bear market which could inch the above towards becoming reality. Target here is $4500, the perfect accumulation zone. This scenario is far...

Wynnsa Updated 

New short is now in @ $9990 with a TP at $7300. Expecting a bounce off (1) to either the top of downwards trend line (2). If we break the bearish trend we could then see $11000, before a second drop which could bring us to $5k. Alternatively we could drop further from (2). Ready to short at either (2) or (3) on confirmation. Either of these 2 points could squeeze...