I'm bullish on BTC (who isn't :) ) .
Today closed a long at 36.234 from 44.400 (yesterday) , so it was a good day.
Off course closed to early, but was working an not paying much attention. So happy with that result.
My next setup (depends on the volume and big longs opening) at this point
Reasons:
• CVD declines and price highs decline, so no bearish CVD
• Open interest rise
• Support of 2 point of controls
All the 3 point mentioned are in the same region:
1.) The entry point i'm aiming for is Fibonacci 0,5
2.) The point where the last 2 days POC's that are the same
3.) And the liquidation point for the 100x leverage people that buy at the low of the range.
If it hits this point i will check the volume, delta and big trades on the footprint chart for a market order.
If it does not hit, next time better.
Today closed a long at 36.234 from 44.400 (yesterday) , so it was a good day.
Off course closed to early, but was working an not paying much attention. So happy with that result.
My next setup (depends on the volume and big longs opening) at this point
Reasons:
• CVD declines and price highs decline, so no bearish CVD
• Open interest rise
• Support of 2 point of controls
All the 3 point mentioned are in the same region:
1.) The entry point i'm aiming for is Fibonacci 0,5
2.) The point where the last 2 days POC's that are the same
3.) And the liquidation point for the 100x leverage people that buy at the low of the range.
If it hits this point i will check the volume, delta and big trades on the footprint chart for a market order.
If it does not hit, next time better.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.