Bitcoin / TetherUS
Short
Updated

BTC SHORT UPDATE

1 214
Just added to short as we tested 4h trend that we broke yesterday or so. We may still see a bullrun test at ~31500 but breaking it should not be easy. From this perspective it looks like the bear market is just getting started. If we break and stay above then then there is a chance for either a triple top or a full bullrun
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Looks like May will be crucial for crypto and stock market
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For now we've hit a support on a daily chart. Such orderblock may end up with a pump to 31500 as alts dropped hard and everyone is not so bullish anymore. I personally took off 25% of my position just to book profit. Gonna add back to it if we go to 31 and above as expected
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Just closed another 25%
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Another 25%
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We may see a reversal on a daily chart. Keeping last 25% until it stops me out
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Daily close still bearish as we broke below ascending channel. If we break yesterday low it may accelerate to 25-23k
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Indicies down today. Closed my shorts there as I don't think we will see a follow up. Crypto bounces back as indicies drop and we couldn't see the breach of the yesterday low on a daily chart. Possible bounce here. Picked up some longs on nasdaq and added to my algo
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Also we are back above the middle of the channel again. Longs may be paying now all the way till the fed
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Also picking up some us30 longs
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Well that was some quick and easy money
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Already big gain on nasdaq. May push up btc higher
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Dca into algo continues. Touched the next supply zone. Opened small btc long
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Stop at 26900
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Taking some gains from nasdaq and btc. Both pumping like crazy
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50% taken off from both. Also got rid of us30 on a tiny loss
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Closed my btc long. Back to small short. For now a quick trade with tight SL at 29500

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