Everything is looking good on the daily for a bounce from here. Now that being said I think it is important to note that I do not specialize in BTC price action so tread carefully. What does look to be a good trade at the moment are the long altbtc trades that I posted yesterday which should still be in play as I have indicated in the "BTCDOM SHORT" call that I would be moving my stop losses further down to compensate for anything that may happen while I was sleeping which did end up manifesting itself. Not to toot my own horn here but I have been calling this market as a play by play since the dump at 7432 BTCUSD both in BTC and ALT pairs. That being said it might be a good idea to go long ALTUSD pairs if you are looking at some potentially high risk high reward scenarios. I however will just ride some of my long shot long positions and wait for any hedging opportunities to the short side should they present themselves. Also it is a good idea to take a break after a series of winning trades secondary to the excitement brought on by them. They always say your worse week is the one that follows the best so I better take a small break after MATICBTC does its 35% pump in the coming hours/days. Will probably post up an update video since volatility has returned to the markets.... We can finally have fun again... MAYBE.. Also TNT market mapping worked out perfectly as a play by play... you're welcome. God Speed Gents, Mr. Lucifer.
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.