#BTC So far, everything is looking good for continuing the long position: the levels are holding, and we're holding above 81. But I'll wait until Monday and see what kind of manipulation happens over the weekend, and what levels we have on Monday. We'll take it from there.
Going long now is risky. There's still no confirmation of an upward move. They could easily build up short positions and push it even lower during the week.
#BTC Today, the news came out and the price dipped, setting new local lows. After that, strong buying kicked in and we shot up to 82. If we hold above 81โ81.5, this is a long with targets at the previous high of 88โ90.
If we fail to break 83 and drop below 80 again, that would be a short, with targets at 77โ75.
#BTC Friends, I think weโll move sideways over the weekend, reaching 84โ84.5 once more, and then head down to 77. Thatโs the most likely scenario for now. Weโll see what happens next. Donโt go long!
#BTC ั omััnyรก, how did we go to 90? Iโll take a long from 80500-80 to the level 83-84k. While Iโm waiting, Iโm observing. From 83-84 again short, maximum, down to our targets.
#BTC Well, what nonsense they drew for us over the weekend.๐คฆ๐ปโโ๏ธ Iโm expecting a brutal drop. Growth without volumeโon the weekend they built up stops, drew a bunch of dividers, and this sausage. Well, this is just insane.
#BTC So, long-term holders, did you eat your shit? There is healthy growth, and there is manipulative, absolutely obvious growth. Right now theyโll shear all the hamster traders. They pulled it toward the reports and wanted to make a fresh highโwhere once again they brutally shaved everyone. Iโm still bearish in spirit and Iโm waiting for a zone of 80-78k on BTC. Yes, I didnโt hit the levelโthe manipulative breakout happened. Well, we just stood a bit above the level; the result is the sameโdown weโll go deep. Weโre watching. Hard push to 80, then possibly to 84, and again down to 76-73. We wait. EZ.
#BTC in general nothing changes, thereโs nothing to write. Weโre still there, the levels are the same. The priorities are the same. Iโm waiting for a drop toward 77. Shorts enter tightly; short squeezes get extinguished down to the ground. Everything is going according to plan. Itโs just a matter of time before a leg down happens. Be careful with longsโuse short stops. A move under 83 opens the way to 80 and 77. I donโt know whoโs buying right now, because even ETFs saw outflows. And taking a long position in bitcoin nowโwell, thatโs just idiocy. Donโt be like the hamsters who are going to get shaved.
#BTC ั from Monday, as I wrote earlier, we fell to resistance 84.2-84.5; below these levels, priority is in shorts. We also see a breakout of all the wedges on the chart. Over the weekend we built up shorts; the delta turned red, and on volume we sold and moved below the levels. A pullback to the indicated levels is possible. I expect the first targets at 82-79, then in the 77-75 area.
#BTC finding under 84100 next week will confirm the short direction. I initially expect a drop into the 82-79 zone. While BTC is being pressured and shorts are being accumulated, at the moment even funding was short-biased. We tested the level 85200 from below, got a reaction there, and pushed it immediately below 84400โa good sign for shorts. I expect a sideways market over the weekend; on Monday, a move below 84100 and down.
#BTC I turned the wheel, calculated everything that can be calculated. The long entry zone is 81500-79400. For now, Iโm counting on a pullback to these levels, where I plan to buy long. If we go below 79400, then, on the pullback to it, Iโll take a short with targets at 73. I donโt believe in other fairytales; Iโm not going long at 200. Iโm watching the nearest levels. Only 2 scenarios. 1) long from 81.5-79.4 to 85 or 89-91 2) short on a breakdown of support from 79.4-81.5 to 73, 70-67.
I have a correction, no matter what, converging on the 72.5-67 zone. This was an untraded zone when price went down and when it went up. We need to get there and form a sideways range. Then the fork: either move above 73 and higher, or consolidation below 67 and then down.
#BTC i think we should draw something similar. Ideally, we need to adjust it before 67-65. But it wonโt be quick; it could be during OctoberโNovember. But at minimum, we should update the low at 75 and go to 73. Weโll see depending on the situation, but if we manage to ะทะฐะบัะตะฟะธัััั at the neck level without falling, then it will be a strong long.
#BTC 2 times we flew out on squeezes up to 85, now I'm waiting for a pullback to 82 and there I'll be looking for entries for a long. Holding BTC above 82k, as I wrote earlier, is the long setup. Buying at the peak now doesnโt make sense; we need to wait for a pullback to the level. The key levels remain 79200 and 76500. But below 79200 Iโm no longer expecting a correction. If the trend holds, then the pullback wonโt be lower than 82 thousand for BTC. A correction to 79200 is also possible, but it's less likely now.
#BTC to everyone, have a great weekend! Iโm looking forward to the weekend move to the downside/bearish side. And on Monday, a return to the lower levels. Right now, a level of 76500 has appeared; if it holds, I will close the short and think about a long position. But weโll see depending on the situation when we reach it. My outlook is still for a decline. Because at the moment, the long scenario is a confirmed hold above 82. And we havenโt broken the high yet, and even if we do break it, it doesnโt mean weโll get a confirmed hold. No matter which direction you trade, set your stops and calculate your risk. The market is heavily manipulative. And these stop-outs happen in both directions. No matter whether you trade long or shortโthe main thing is to be in profit. And the same greed was present when Bitcoin was above 100k. Make your conclusions.
#BTC has been hit hard; in half an hour, the long position got flooded with a delta of 5000+ BTC. Iโm waiting for a pullback to 77โ76.5. There, if they hold it, there will be a reversal to long. But I still think they wonโt let it go up; if we update the low at 75, then hello 70.
#BTC i want to clarify 2 things. 1) I write my thoughts about my trading strategy and show my actions. Whether you repeat after me or not, whether you agree with me or notโit's entirely your choice and your risk. Don't write to me, โwhy is it going up, you said it would fall.โ The market is chaotic: a trade may play out, or it may hit the stop. The market owes nobody anything, and in crypto there are often manipulations, squeezes, and other nasty things. I'm not a fortune-teller to guess every candleโI only see levels and the trend. Based on this, I take the trade with a target and a stop. As a result of my thoughts - the trade reached 1 take-profit at 75k. - the stop is at breakeven, and in the worst case the trade will play out at 0 - there are no losses - the funding has already added profit purely during the time the short was held.
2) if you're reading this, I've repeatedly written the factors for shorting and setups for going long. At the moment, I don't see any long opportunities. Read the postsโeverything is written with levels. I see a short. Oil, the interest rate, a strong dollarโlearn to understand economics to make sense of this. I don't want to write an article; I want to write short posts.
Can there be a long? Of course it can. Against the grain, they'll pump it up again and everything. It will be a fake move to shave off the hamsters, and then...
#BTC as soon as 200MA breaks on the 4h โ weโre done. 73-70-67 ideally 67-65. Somewhere at the very end you might look for a long. But first we need 73. A bearish flag sitting on the moving average looks very bad. The chances of a bounce are minimal, but not zeroโin case support temporarily pushes the price. Also, the greed indicator wonโt be allowed to fall. Greed stays stable. Weโll buy long when thereโs extreme fear. Well, for now, 64 is still a lot.
#BTC bet on the forecast 4%, we will be falling deeply. The Fed said about another rate hike on October 28. I think by then weโll be down; the market will already be pricing in the risk, and from November, possibly, a rally will begin, but thatโs not certain. I consider this month bearish for myself, and the next one as well. Set your stop loss, Iโm waiting for targets. Wishing everyone profits; good luck to the longs.
#BTC as expected, the clarity act has been rejected; tomorrow the Fed will raise the rate. For now, we updated the low to 75.5. Next, weโll stay around the 75โ76 area and then go lower. Iโll keep the short.