BTC has been range bound for the last couple days, lets see what happens here
aaaand its on. playing btc bullish. first target is new highs
btc is currently bouncing at support.. lets see if it holds
playing btc short looking for a bearish continuation off the 618 retracement of the recent impulse move
the trend is your friend until the end ( it works until it doesn't )
Posted this a few times in the public chat so I might as well post it.
bearish 1H range trade based off LTF price action and order flow
daily fibs and intraday price action make up this trade idea in the BTCUSD market
if this market opens with a gap to the upside it might be worthwhile to look for bearish opportunities
Expecting a gap up, fill, and continuation scenario in SPY on Mondays open
BTC is sitting at a 78.6 of a LTF impulse move, going to play it short to new lows
if you pull a fib of bitcoin's all time high and low you can see we are right at 61.8 of btc's run from nothing to almost 100K
betting on a top here in the Ethereum / tether market. targeting new lows
if BTCUSD comes into my zone (orange lines) and puts in bearish/reveral candles I will be looking for short entries on the LTF
entries are usually taken off the 0.618 so it looks like we caught a discount on this one
BTC made a huge run overnight that took out previous resistance. pulled out the fibs to look for pullbacks
watching for the 4H break down of market structure on the bitcoin chart
is bitcoin setting up a lower high here on the 15M?