teckno05

teckno05

Chart is self explanatory, I'm always a little early on the bear parade, usually one full move off, but lets see what happens this time. I just sold everything up here. I see we're losing momentum, everything is mainstream and on the news, there's a lot of resistance above, been making lower highs. I think the fun might be over. I usually go short too early so...

teckno05

My observation, when Price falls through 1W 12ma (pink ma), it's extremely likely Price will hit 50ma (blue ma) or get within 2% of it. I went short 1/26/21. Might've nailed shorting the ATH, but it's very possible we bounce off 1W 12ma and make a slightly ATH and then dump hard just we've done in 2018/2019. I'm not closing until I see some fear, might even...

teckno05

This is all on the chart, welcoming feedback (especially from Bulls, lets go) ------------------------------------ Hello all, it's been awhile. Wanted to short 19k but procrastinated. Short from $17k Facts: 1) We went from 11k btc short finex to 5k btc (datamish). There are now less shorts closing to use a fuel. 2) We rejected from ATH, pretty hard as...

teckno05

Got hurt on the recent run up to 12k when I was shorting the high 10k and low 11k range. Didn't see that one coming. Can't win every trade I guess Took a small short yesterday around 11k December contracts, taking profit here at 9.5k and turning it into a long because... 1D 100ma (12hr 200ma) Horizontal support at the top of the consolidation zone shown by my...

teckno05 Updated 

Highly likely we'll be around 8.3k-8.6k within the next 48 hours. Previous charts: Objective: This has been going exactly according to plan as per my last 3 BTC charts that I've posted. Here's the update. We have rejected from the 10.2k twice now (the red boxes). I was originally worried for my short position we'd get to 10.6. Not worried anymore. We've...

teckno05

Very short term trade, time 1-2 weeks. Closed my $50 Puts at $44, had a great earnings play betting to the downside. I'm going to use those profits to take a bit of a gamble and attempt to play the reversal. Objective: We're near multiple areas of support at $43, $42, $41, and the 1.168 Fib extension. I'm going long calls that have an August 16th expiration $45...

teckno05

This is just a my forecast for the next week, and what I expect to happen/what I'm prepared for. Look at my last 3 charts for a more complete picture. I'm much more "Net short", so I have to chart what's "possible" even if I think it's unlikely. I think we'd have to break 11.1 to consider anything bullish or new highs. And I don't think we can make new highs...

teckno05 Updated 

The chart is busy but for a good reason, similarities I see. Objective: BTC respecting consolidation zones (yellow squares) on high time frames.(Recently rejecting from the underside of our 11k-13k zone) Fib circles (drawn from highest point to the next highest point after the 1st breakdown (jan 20th 2018, and july 18th 2019) Fib extensions (left margin of each...

teckno05

This one is less abstract and more self explanatory. Things get a little crazy when you involve Fib Circles and try to chart time and price The Color of the Text goes with the Color of the Support lines drawn. The lines are the "High/Low" of the range. The 9.4K bounce already happened, and we rejected from 11k. I'm about 75% sure we'll hit below 10k this...

teckno05

5 minute shows shorts going parabolic at this bottom level (9.5k) 3D shows we're currently sitting on the 3D kijun, the 20ma, and a previous consolidation zone Weekly shows 12MA (purple line) is 9K and is another consolidation zone. If there's no bounce from 9.5k to 8.9k something I'd be very surprised.

teckno05

Another quick chart before I get back to work, Explanation is in text on the chart. BTC is moving extremely bullish but it's stupid not to hedge at a significant resistance level. BTC options (Strike Price $7.5-9k) that expect a pullback to the 7-8k zone within 1-2 weeks have around a 10-20x risk/reward ratio without any fear of being stopped out :shrug: I expect...

teckno05

Haven't really been looking at Crypto lately due to other obligations but a friend of mine asked my opinion on XRP and if I thought it was entering a new Bull market soon considering BTC has hit 9400. Drew this out real quick and thought it was interesting enough to save so I can remember what I did. Explanations are on the chart. Opinion: Currently no signal...

teckno05 Updated 

The text is on the chart, AMD Short setup $32 to ~$29ish, ~$33 stoploss and reevaluating. I'll still be watching to get back in around 33-34$, and I'm dead wrong if this thing hits $35 which I find unlikely. Whole play should take about 1-2 weeks max.

teckno05 Updated 

Side note, The magnitude of the bounce the US economy has had since the bottom in DEcember has been insane and unprecidented. I've never seen a bottom not get tested and just fly up vertically. Especially with poor GDP estimates and economic outlook data. I was pretty heavily short back in Feb, so that hurt a bit, but all you can do is learn from your mistakes...

teckno05 Updated 

ATH is 114. I'm not expecting us to go there. AMD had it's run up already, SPX is looking slow (and like a Head and shoulder on the weekly). I'm better as a bearish trader which sucks in the kind of rally we've had from the bottom, but I've adapted by being more patient and precise with my entries and stop losses. Short entry 112.70 Stoploss 113.15 Take...

teckno05 Updated 

I don't trade much Forex but this looks like a good buy for a trade that can last a few months. I also see Australia just had an election this weekend so that could have an effect on a reversal. The time bars are to see how long the price can hang out at a level before it takes off. In terms of options there's an ETF $FXA that has extremely cheep long term options...

teckno05 Updated 

Not sure why I hear there's thousands of shorts opening up here at $193. This is where you start going long. Chart is self explanatory, we're sitting on the 100ma Monthly (white line), at Horizontal support (180-190), and at the 0.5 fib from bottom to All time high. Seem's like an easy play, I don't know if it'll be a "reversal" point but there should be a decent...

teckno05

I called the last bottom in dec 2018, let's see if I can get this one right. Buying at 7126 / Closing 7300ish Strong indication of a bounce this week, I'd bet you could throw 1/3 your stack here at 7120 and 1/3 at 6950 and you're nearly guaranteed to break even at worst. The Mexican tariff news is BS, no way it's enforceable, it's going to take 1 tweet from...