chutireality

chutireality

First of, I'd like to congratulate y'all for the new ATH on BYBIT:BTCUSD . I remember some time ago people were saying 30k BTC meant the end for crypto. Well look at where we are at now! Now, let's continue with the short idea I have for today. First of, let me say I'll play with little money since I dont like BTC is pinning the 50 EMA showing support there....

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Hi guys, today I'd like to briefly discuss BINANCE:FTMUSDTPERP . Yesterday I got a short on it since it tapped the ADR High twice and because it was also really extended. Now, we have the exact same scenario! I have my Stop Loss above the M formation, we could see a Head and Shoulders pattern also, so don't freak out if you are in a loss for some time. I really...

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Hi guys, hope you are doing well. I'd like to discuss BINANCE:BTCUSDTPERP . I'll go straight to the point. Basically, people think this last pump that happened last week probably means a new ATH in some time... We trade what we see, and what I see is 2 legs to the upside on the 4h timeframe, distribution in the yellow box, a false breakout and now I'm expecting a...

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So guys, I'm leaving home in no time so I'll leave here why I'll short BINANCE:XRPUSDTPERP . The reasons are mainly two. First reason and most powerful, if you open MT4 and you check XRP you'll see a GAP, which almost always gets recovered. On the other hand, after every pump, all tokens set up a range at the 50 EMA so that would be a good TP. Hope you guys make...

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BINANCE:LTCUSDTPERP is extended from the 50 EMA (1h). A H&S has presented, variation of an M formation. I'll take profits at the 50 EMA. See all the green vector candles and all the nPOC's we can recover. I think we can easily make 5% from this short. Use proper risk management. This is a scalping idea and if the pattern gets invalidated we are out.

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1d Time-Frame Analysis Lets start with the bigger time-frame, with the bigger picture. NASDAQ:MELI is at level 2 rise, meaning it's missing one more leg to the upside. Then, why short this? Just checked the cycles and I see that MELI does level 1 rise, retrace, level 2 rise, M formation, drop. So instead of level 3 being the peak formation before the...

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BINANCE:BNBUSDTPERP is one of the most manipulated coins in the market, since it's the coin of the biggest cryptocurrency exchange in the world, that's why you need to understand this is a risky trade, buy I'll personally take it. I'm looking for a short because of different reasons, the first and most powerful reason is because there is an enormous stopping...

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XRP BINANCE:XRPUSDTPERP has been pumping as all the other coins since BTC tapped the 30k mark. The think we need to understand that based on the Market Maker Method, soon or later, price will retrace. Before every retrace we see what we call Double Top or an M formation. An M formation can signify the end of a trend, in this case, the end of the uptrend. Does...

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BINANCE:ADAUSDTPERP is completely crazy, it's one of the coins that showed most strength in the dump and now. Checking the 4h timeframe, I see 3 legs to the upside and now and M formation or double top, meaning we could now see a nice retrace in terms of %. In this case I would go for a swing trade, I think Market Makers will try to recover the nPOC's (Possible...

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NASDAQ:NFLX is currently at level 2 rise. This is why I'll say this is a 5/10 risky trade. Now, its important that we understand this M formation could mean the retrace of level 2 rise. I'll explain you why I think NFLX will drop. First of, we can see in the 1h time-frame we are in level 2 rise. We already broke the level 1 high so Market Maker can now retrace....

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MATICUSDTPERP is showing a Head and Shoulders Pattern, which is a variation of an M formation. What I want to see to feel safe, is price drop during the next daily candle. It would be a complete fail is MATIC price exceeds the price of the current top of the Right Shoulder. I will personally take a short because I can see different confluences in the chart that...

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BINANCE:DOTUSDTPERP is showing a Head and Shoulders Pattern, which is a variation of an M formation. What I want to see to feel safe, is price drop during the next daily candle. It would be a complete fail is DOT price exceeds the price of the current top of the Right Shoulder. I will personally take a short because I can see different confluences in the chart...