- Open CME Gap 8500 - 8600 - Good daily close Longed from ~8550, targeting top of the purple range. Information is just for educational purposes, never financial advice. Always do your own research.
Bitcoin, after rejection from resistance a couple of days ago, trying to reclaim the range again. I still have bids at 8250 - 8150 zone, not trying to rush things because it can be Sunday scam pump. If btc will reclaim the upper range, I will consider a long option after reset support at 8500. Information is just for educational purposes, never financial...
BTC is trying to return back to the range. Unfortunately, the price didn’t reach my bids at 8150 - 8200. Currently out of positions, aiming to long at 8500 targeting top of the range 8750-8800, but if and only if I'll see bullish PA and close above 8450 - 8500. Information is just for educational purposes, never financial advice. Always do your own research.
Bitcoin breaks below ~8600 boring range and trying to find any support. I'm observing if btc will be able to go back to the range or continues to fall lower to the 8150 zone. Currently out of positions, will try to open long at 8150.
BTC is ranging ~$8500 to $8750, it's choppy waters because of different 2-3% rageful spikes happening here and there. Liquidity from ~8500 zone was absorbed quite quickly that let me think we'll go higher rather than lower. Information is just for educational purposes, never financial advice. Always do your own research.
Okay > Bitcoin 'plummet' 4% for ~15min but pumped 40% to date > Bitmex OI down 150mil. > The daily chart looks OK > CME opens at 6pm EST. Closed at 8925 on Friday (i.e gap thing) Still in position (long from ~8504) targeting 8900+. I think nothing really bearish has happened yet. Waiting for the weekly close. Information is just for educational purposes,...
Finally bought the purple zone ~8504 average, watching closely PA. Information is just for educational purposes, never financial advice. Always do your own research.
Bitcoin reaches Vegeta resistance 9000's level and I think now in correction phase. From the one hand, short from 9150 - 9000 looks good, but I don't really want to trade against the trend and trying to catch the top. Thus I'll try to long bitcoin at the purple zone ~8750-8700 would be cool. Information is just for educational purposes, never financial advice....
Opened a long at ~8610 targeting ~8800 because I believe we are at intraday support It could go lower of course, in this case I will either close the trade by stop loss or increase the position (at ~8550), depends on PA.
Patiently looking for longs in purple areas. I think it's OK to try to short the 8850 - 8800 top with a tight stop, but R:R of longs looks more interesting.
Quick scalp from ~8733 (hedging zone), quite risky trade against the trend. Bitcoin is looking very bullish, so I'm watching it closely.
On the daily timeframe zone ~7900 - 8100 still holding on as support; Bullish momentum is strong, I'm preferably looking for longs on the pullbacks and going to start hedging at 8700 - 8900.
The last few days, bitcoin has stagnated in range 8000 - 9499, so if you OK with intraday scalping I think it's possible to trade it. Long below ~8050 Short from ~8190 But in my opinion R:R of these trades are quite low. And because of I'm bullish biased I'd better be long 7700-7800 if it happens. In the long term I'm looking for longs targeting 8400-8700
Bitcoin is approaching ~ 8k resistance zone and there is a CME Gap at ~ 7.7k-7.6k (it get filled with 97% chance) CME thus we have a simple short idea. But we must not forget that the BTC bulls began to show strength, so the stop should be tight. Information is just for educational purposes, never financial advice. Always do your own research.
After rejection above resistance area (8 - 8.2k, 8.4k may be deviation due to Iran x USA events) market is moving downward, I think it's a correction movement in the bullish structure. So, it may be good idea to start stacking long position near 7740 - 7650 levels. Plus we still have CME Gap at ~ 7.7k-7.6k (it get filled with 97% chance). Information is just...