Time to go short into the Halving?

2020년 5월 2일

TD9 sell signals on both the 4H and the 1D.

Huge overhead resistance.

We haven’t had a meaningful pullback to test support.

There may be a final FOMO push into Halving however stay safe and realize that this thing went up like crazy for many weeks now.

Not financial advice. Just charting ideas.

2020년 5월 2일

노트

Better view. S/R levels and trend lines in the chart.

2020년 5월 2일

노트

Possible scenarios. Basically sooner or later I expect this to test lower S/R areas and thus find being net short to have better RR currently. Bias could change but for now, this is my thinking.

2020년 5월 2일

노트

Another possible scenario. Basically I do not expect this to go much further.

2020년 5월 3일

노트

Absolutely nothing has changed. It's a waiting game right now.

2020년 5월 4일

액티브 트레이드

Huge nuke just now. Funding flipped from + to - like crazy. Could be the start of the correction or a shakeout.

2020년 5월 4일

노트

Next levels of importance: $8580, 83xx, 80xx.

2020년 5월 4일

노트

Incredible rebound. It's looking more likely that this takes another leg up but we'll see. I'll construct a game plan in another thread soon.

2020년 5월 5일

노트

This is looking weak. A little toppy and the 2D has a TD9 on it also. Will check tomorrow on the daily close.