knownasJK

knownasJK

Entered a SFP Short to hedge my longs fro the bottom. Stop just above the current daily high. Targets are: 0.382/Range POC = $19880 And for a deeper retracement the GP = $19336 I still believe in 23k. This small short is just an hedge with good R:R.

knownasJK

Perfect liquidity grab with a Swing Failure of a major Low. CVD and OI are both absorbing huge sellers at the breakout signalling a possible reversal in the coming days. I'm willing to carry this trade for good.

knownasJK

We are approaching major resistance area. Formed by macro GP and Descending Parallel Channel. A short from here it's reasonable. This path could play out just fine. Note that if resistance is broken and will offer support, the "moon" is the next stop.

knownasJK

My take on Matic is that it has just topped today with a perfect retrace up to the HTF GP. From here I believe we will go lower, there's a possibility to retrace 30% more to the downside, willing to carry this short and to take profits accordingly at the pit stops at local and HTF GPs.

knownasJK

Shorting this macro GP. It would be great closing an H4 candle now as an SFP of previous local high as a confirmation. Setup is as shown in the chart. Plain and Simple.

knownasJK

Personally I'm carrying longs and I'll short heavily at 1900$ approx. down to the big PoC. From a well defined range and finally breakout to the upside between September to November TF.

knownasJK

The moment we will break it, the bull market shall resume, until then, trade some ranges and catch some swing trades to accumulate and re-deploy funds on a long term established portfolio.

knownasJK Updated 

If we don't break 48k this idea is still in play. Expect volatility in the next couple of days.

knownasJK

Might as well short it from here. Liquidity grab at it's finest. That's a very possible scenario that we reject from here and find a final leg down. Trade responsibly. Just my personal idea and how I will personally approach this PA.

knownasJK

As of now we are reclaiming the once lost level to confirm the Swing Failure Pattern. ABC correction ended with a nice liquidity grab just below our local low. I expect BTC to trend towards our local Golden Pocket and our POC (Point of Control). I think we might push up to 43200ish in about 18hrs or so. Good Luck. NFA, trade responsibly. Forever yours, JK.

knownasJK

Self Explanatory chart. Luna just reached local GP, BTC has some confluence into its resistance, therefore I believe we retrace fora bit.

knownasJK

As shown in my previous analysis, price is reacting accordingly. Expecting a big rejection soon. Self explanatory chart. Stay Tuned.

knownasJK

Self explanatory chart. I made it as simple as I could. Major resistances ahead, watch out this may be playing out. Tons of longs opening, market makers could grab this opportunity and they may punish longs.

knownasJK

We all agree that Bitcoin generally trends up with time, so I avoid in my analysis to have a Max Pain scenario where it nukes to 10k or 0, I simply find that disbelieving in respect to this life changing technology. Many use cases are bought to us year after year, countries, institutions, big companies are all slowly jumping on board. The scenarios I have drawn...

knownasJK

ETH/BTC, THE RECENT PRICE ACTION THAT WE HAD IN THE LAST COUPLE OF MONTHS, BUILT A MARKET STRUCTURE THAT COULD LEAD THE VALUATION OF ETH AGAINST BTC BACK IN OUR ASCENDING CHANNEL. IN MY OPINION WE WOULD REVIST THE LOWEST TREND LINE OF THE CHANNEL, TARGET: 0.034 BTC. IN THAT CASE, GIVING THE CURRENT VALUATION OF BITCOIN ( APPROX 33K) WE WILL HAVE A ETH/USD PRICE...

knownasJK

GUYS I DON'T NEED EXPLANATIONS OF THIS CHART. SORRY TO SAY THE TRUTH. NICE LEVELS TO ACCUMULATE, EVENTUALLY WE WILL COME OUT THE OTHER SIDE OF THE MOUNTAIN ONE DAY OR ANOTHER. HAVE A GOOD CRYPTOWINTER.

knownasJK

SORRY TO INFORM YOU ALL BUT IF THIS PATTERN PLAYS OUT, WE ALL KNOW WHAT THE OUTCOME WILL BE. CHEAPER BTC SOON. LET'S ACCUMULATE AT THOSE LEVELS. EVENTUALLY WE WILL COME OUT THE OTHER SIDE OF THE MOUNTAIN ONE DAY OR ANOTHER. STAY SAFE.

knownasJK

MATIC STABLE IN OUR ACCUMULATION BOX. CAN WE BREAK THE DOWNTREND? HOPEFULLY WHEN BTC RECOVERS, MATIC WILL EXPLODE TO 7/10$. MARK MY WORDS. ENJOY THE BUMPY RIDE.