Careful of Being Chopped Up

Updated

I'm still not moving. Futures are open and we were around its close on spot markets for it. Volume is in need of a good spike and needs attention. My alarms would wake me up above 12 100 and below 11 350, so an interested spectator for now.

Conclusion: Volume could explode and because we are in between decision points, chopping up of longs and shorts might just happen soon. Trading above 12 100 and below 11 350 still my strategy.

Note

Please put a like and follow if you wish. I need to get to a reputation of 10 to get more "freedom of expression" from the platform.

Note

11 200 gave us some real volume

Note

We need the 11 200 bounce to lift BTC beyond 11 440 to have faith in the strength of the bounce or we fall further. Will have to go check for the resistance.

Note

Ah, 11 060 to 10 950 ish

Rule72

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.