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Shortsignal

SHORT Signal: YFI is overvaluedYFI has gained x10 over the past few weeks. it just recently got added on Coinbase which is a home for most retail traders so it pumped EVEN MORE! and that happened after a short break! In my opinion, this market has to CALM DOWN! It's not like this can rise forever and the way it rose is NOT NORMAL. Many investors are eventually going to take their next step which is CASHING OUT!. Think smart before buying. Many retail traders will get trapped by this while all you gotta do is DUMP IT!!! Stop: 41000 Enter: 34000-36000 TP: 18000-21000
by MarketSniping
8
Short Signal; Bitcoin is into the descedent triangle: Sell zone In this analysis, Bitcoin has formed a descedent triangle that you can get it in H1 timeframe, so that siganl is so bearish. So, I am go to short position as i knowed, because Bitcoin is formed a higher lower in the lower trend line. Now, in H4 timeframe I detect a strong resistance at above of $11,900 USD, that mean a possible short position because in H1 timeframe I detect a sell, and H4 its formed it a possible sell at $!1,300 USD, because as we are in the high level ,we could see a Bitcoin drop in these level to complete the Elliot Wave # E. Now, we need to be cautelous if Bitcoin break down or break up n this target, because, the highly probability is that Bitcoin is going to make a consolidated above of $10,400 USD and below of $12,000 USD, in these prices ranges.
COINBASE:BTCUSDShort
by harisonhbn9718
2