I neutralized my longs, we are having trouble getting higher right now. Not saying we are going to fall out of bed today but its looking like we might have a pullback in the works a few bucks. Ideally I think a pullback to $55 would be healthy and set us up to push through $70 next week
Note
They're buying the dip in BTC and it sprung out of the short term slide. We of course are heavily dependent on BTC price action for signs of directionNote
I picked up a batch of 66 0DTE calls @ .28 and sold a back ratio 57/55 put spread a few times for a credit when we were hovering around 61/62. Low risk but extra high reward if there is a large movement either direction
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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.