If dumb money is shorting at 29.4 (this morning) because they 'feel' like it's over and we are gonna go lower, dumb money is positioning to short and there is a huge amount of shorts opened, the market will think
ohhh look, some juicy liquidations, gonna go and liquidate dumb money
market favorite meal is liquidations lmao
while smart money (us) look at the data, see that there is a lot of shorts underwater at this prices and they have two options
1) they scalp some longs
2) they wait and put their limits to short if their systems are telling them to short
but they will never get liquidated
ohhh look, some juicy liquidations, gonna go and liquidate dumb money
market favorite meal is liquidations lmao
while smart money (us) look at the data, see that there is a lot of shorts underwater at this prices and they have two options
1) they scalp some longs
2) they wait and put their limits to short if their systems are telling them to short
but they will never get liquidated
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Actually, if we want to exclude the manipulation factor on Bitcoin's price action, the strong resistance is located at $29.8k as the base price for this current movement.
I excluded the wick fishing area and found this $29.8k is an interesting area for Bitcoin to find major resistance as it was a broken support turning resistance. So, in this very low volume market, I won't be surprised if we see another spike toward $29.8k region as well.
But still, I'm expecting this movement to occur, especially after I see the death cross on EMAs on 12 hours time frame, which 21 EMA (yellow) is crossing down the 55 EMA (green). And of course, it's a major bearish sign as well.
I'm not changing my original bias of bearishness as I'm still expecting the area of $28.5k tap. But at the low volume price action, anything can happen as the price manipulation.
In summary, excluding the manipulation factor, Bitcoin's strong resistance lies at $29.8k, and we might see another spike towards this region due to the low volume market. However, the death cross on EMAs is a bearish sign, and I'm still expecting a $28.5k tap. But in this wild west of price action, anything can happen.
I excluded the wick fishing area and found this $29.8k is an interesting area for Bitcoin to find major resistance as it was a broken support turning resistance. So, in this very low volume market, I won't be surprised if we see another spike toward $29.8k region as well.
But still, I'm expecting this movement to occur, especially after I see the death cross on EMAs on 12 hours time frame, which 21 EMA (yellow) is crossing down the 55 EMA (green). And of course, it's a major bearish sign as well.
I'm not changing my original bias of bearishness as I'm still expecting the area of $28.5k tap. But at the low volume price action, anything can happen as the price manipulation.
In summary, excluding the manipulation factor, Bitcoin's strong resistance lies at $29.8k, and we might see another spike towards this region due to the low volume market. However, the death cross on EMAs is a bearish sign, and I'm still expecting a $28.5k tap. But in this wild west of price action, anything can happen.
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GM before bed
Wasn't able to look at the charts today but nothing really changed what I see per my system that we formed a range (can be a redistribution before another leg down) likely we spend the weekend in that this range but I wont trade it because it is weekend
CVD and OI havent really changed so not really a reason to talk about them
My opinion haven't really changed that I was forming throughout the week
Now with weekend coming up I have more time to work on trading, no days off so keep grinding always more work to do
Wasn't able to look at the charts today but nothing really changed what I see per my system that we formed a range (can be a redistribution before another leg down) likely we spend the weekend in that this range but I wont trade it because it is weekend
CVD and OI havent really changed so not really a reason to talk about them
My opinion haven't really changed that I was forming throughout the week
Now with weekend coming up I have more time to work on trading, no days off so keep grinding always more work to do
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Swing Short open yesterday at the daily candle close
THESIS: Higher than expected GDP data, indicating growth in the economy and low performance on risky assets (like BTC)
Multiple daily rejections at Range High (Range Low before) and the 50 EMA
Big gap from $26k with high probability of get filled
SYSTEM: Bearish BOS at $29k + EMA bands bearish cross at multiple timeframes
Targeting Range Low and Invalidation above Liq levels
THESIS: Higher than expected GDP data, indicating growth in the economy and low performance on risky assets (like BTC)
Multiple daily rejections at Range High (Range Low before) and the 50 EMA
Big gap from $26k with high probability of get filled
SYSTEM: Bearish BOS at $29k + EMA bands bearish cross at multiple timeframes
Targeting Range Low and Invalidation above Liq levels
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Three trading strategies to catch big moves
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Forwarded from WhaleBot Alerts 🐳
🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨 4,580 BTC ($133,281,210) transfered from Unknown to Binance
Sender's balance: 0
TX - link @WhaleBotAlerts
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The Largest Sum Of Money That Made My Life Is From transient Opportunities
You gotta move fast and be the first one to take action.
YOU DO SOMETHINGS FAST
YOU GET SOMETHINGS FIRST
Don't wait around for others to catch on, because by the time they do, the money has already been made!
You gotta move fast and be the first one to take action.
YOU DO SOMETHINGS FAST
YOU GET SOMETHINGS FIRST
Don't wait around for others to catch on, because by the time they do, the money has already been made!
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Short Term Pull Back May Come In Market To Liquidate All Shorts
Stay Tuned
Sl Need To Be Activated
Stay Tuned
Sl Need To Be Activated
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Great News Blockmap Foundation Just Donated 950$ To Feed Poor Child & Student in India
--> We Will assure Helping Other By Our Foundation
--> We Will assure Helping Other By Our Foundation
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People Ask Whats Your Routine Prafull ?
👉3 Am To 7 Am Running & Earning With It Pays to Walk 🚶 https://sweatco.in/i/prafulljoshi
7 Am to 1 Pm Social Media Marketings
1 Pm To 11 Pm Trading & Active @Blockmap
I Daily Started Wih Hustule & Sleep With It 👉3 Am To 7 Am Running & Earning With It Pays to Walk 🚶 https://sweatco.in/i/prafulljoshi
7 Am to 1 Pm Social Media Marketings
Than Sleep !
While Sleep I Stake Some & Earn❤44🤩30😁28🎉25👏20👍19🥰18🔥14
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Huge line spotted for scanning eye to register for Worldcoin in Mantri Mall, Bangalore, India 🇮🇳 !
Maybe some people here is on line Mantri mall 😁😁
Maybe some people here is on line Mantri mall 😁😁
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📌Worldcoin releases security audit report saying it has solved most of the problems.
➡️https://worldcoin.org/blog/worldcoin/worldcoin-protocol-security-audit-reports
➡️https://worldcoin.org/blog/worldcoin/worldcoin-protocol-security-audit-reports
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BlockMap | Announcement
Short Term Pull Back May Come In Market To Liquidate All Shorts Stay Tuned Sl Need To Be Activated
Keep Eye On It !😰
EasyMoney Another Plan
As most of people is doing short they wanna to liquidate You
EasyMoney Another Plan
As most of people is doing short they wanna to liquidate You
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