Short

BTC/USDT

Updated

*update
I posted the wrong pairing (same idea) plus more detail.
Careful buy Volume is pouring in which is why it might be a good idea to wait for a break in structure. Plus you can never trust the daily close.
BB%B , BBW suggests we are overbought. BB widening, a big move to the upside or downside is soon likely.
Rejected at resistance play a short with a tight stop. to be safe wait for a break in structure for an entry or be a CHADWICK Boseman. Also, if support is found anywhere on the way down maybe consider what might happen next. Lastly, take profit on the way down if the opportunity presents itself.

Note

Took profit and raised stop for profit.

Note

Took profit and raised stop in profit

Trade closed: stop reached

Took profit twice , limit stopped for profit @ $46000.00
I am looking for a new entry. Idea is still valid.

Note

I entered once more same stop

Note

I realize that I should have not closed the trade because of my raised stop. However, I did enter again for a better position. I am still holding.
The idea is still valid... oops.

Also, I see a H&S forming here? let me know what you guys think

Note

The H&S properly formed on the 1Min TF.

I have taken profit along the way twice and raised stop for-profit @ $47430.00

Trade closed manually

Stopped for-profit @ $45255.
This was good one. We made several plays for profit and all of our stops were in profit.

Note

Looking for a new entry here - 50k

HONEYITSGONE

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.