TonyTheBullSeverino

Bitcoin BTCUSD Daily Bollinger Band/Ascending Triangle Breakout

If the daily closes strong above here, we can assume this is an actual breakout. Next resistance is $75,900 if we get above here

It should move fast for it to be a confirmed breakout.

However, there's still a strong risk:reward setup for a short here.

I am not going to give a direction and let you decide

Shorting/selling at resistance is always a good move. Lots of downside and risk/

Market is clearly resilient, volatile, and if this shows just a little more strength should recover a lot of lost ground and move to $80Ks fast.

However, if we are still in a bear market, and I am very confident we are, no matter what this leads to new lows.

The upside may also be fairly capped in a bear market

Either way, a break above resistance is notable especially if we get strength and volume.

Rejection is also significant. It will be 9 different daily candles rejected from this resistance level. Repeated rejections will have absorbed buyers if i

Bitcoin BTCUSD Daily Close: Keep Your Shorts

This is precisely why we let the signals do the deciding for us. Earlier today, I was tempted to flip long, but the right call was to wait for the daily close and get confirmation around the Ichimoku Cloud.

Bitcoin was rejected yet AGAIN

There's always a chance it pushes right back up there, but this is a LOT of rejection at this point

I am going to look at more signals to double and triple confirm. But for now, I wanted to show off how well this is working

I got to be honest, Trump's comments about how the US could wipe out the entire country and might do it tomorrow night, is terrifying

His ego might be damaged from how poorly this war is going, and he might do something dramatic to try and make his enemies fear him

I don't want to doom and gloom, but if war escalates tomorrow, Bitcoin and the stock market will have a catastrophic drop. Being on the short side is much preferred with risk this high

Stay patient. I set an order for a short inside t