Long on 
BTC as long it holds the bottom blue fork line as support.
Would exit positions under the stop loss given at 42k level.
Could enter a short under current stop loss with a take profit at 36k level if things get even more bearish
BTC as long it holds the bottom blue fork line as support.Would exit positions under the stop loss given at 42k level.
Could enter a short under current stop loss with a take profit at 36k level if things get even more bearish
Note
Take profit for long would be at the red median line of the forkNote
stop-loss for short should be very tightTrade closed manually
Closed trade prior to stop loss at 44.5k given major support was brokenTrade active
Trade reopen at 46.5k with stop loss at 44kNote
Could take profit at 48k, but leave the trade open in case of another retest of the blue fork lineTrade closed manually
Closed at 47.4k.Trade active
open at 46.8k, stop loss at 46k, tight stop loss due to correction from SPXNote
some profit could be taken at 48k. short opportunity could happen at 48.8kNote
Market conditions are currently neutral, volume breakout is imminent. 50/50 direction, one target to 36k-40k, the other is to 60k to ath. More details on short speculation listed below under related ideasTrade closed manually
Closed trade, support broken
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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.