Bids Filled- Fib Magic FTW!Woke up to a nice surprise, all 3 bids filled for an avg long entry of $8966. We'll see if it can get a decent bounce back here
Crossleverage
Got a little impatient, opened a longCracked open a smaller position here, got a little impatient I guess, and this was when my bids would have been in the setup from yesterday...still have the lower bids ready to fill if we get a little dip.
BUY Bitcoin XBTUSD
BUY @ $9980 - $10020
TP: $10100 - $10200 - $10400
Stop Loss Below: $9840
Cross Leverage (OR 5x-10x leverage)
Allocation : 3%-7% balance
******OPEN LONG POSITION *******
Cheers
))
XBTUSD: 4hr Mex Chart- Possible ScenarioJust adding some fractals to fit my levels, seems like this is a likely way things could unfold from here for BTC
XBTUSD: 4hr Mex Chart- Feels like we need some more fuelAlthough I caught some nice longs on the past two wicks down to the continually significant level of $3550, it seems to me like we are in store for another stab down to the $3450 area (0.705 Fib Retracement). Just haven't seen a stong enough reaction yet to push us back up to that $4k target I've been eyeing. Shorts are a bit dicey here at the midrange point, but with a tight stop maybe I can catch both ends of one of these double wicked candles. we shall see
XBTUSD: 4hr Mex Chart-That was fun and all, but dump incomingNice little run-up on BTC sent longs I had across the board well into profit, but I've sold most off already and opened a short on ETHUSD as well. This looks bearish to me, I'd rather see the big candle down for a bounce than this, which seems like a bull trap to me. Price right now is right at the same level it wicked to back in the red box before we dumped to $3100. I'm feeling like we'll repeat that scenario, and if we are lucky, we repeat the yellow box too, but sub $3k seems imminent, especially when you zoom out to weekly or monthly candles. Looking to flip short at $3680, and scale into it up to mid $3700s.
XBTUSD 4 hr Mex Chart: IF we see up first, looking for shortsUsing the same Fib levels only reversed on this range, looking for possible targets if I can catch longs below, or just new entries for some shorts. $3910 seems like a good place for a first attempt, but will settle for a lower one scaling in from $3780- $3815 with a pretty tight stop if we never make it there.
XBTUSD 4hr Mex Chart: Bear case for the short termWatching some Fib levels that have seemed very relevant as we have been pretty much stuck at the mid range between $3450-$3550 for the past few days, with a few deviations. Currently short from $3570, with stops in profit. Would love to see another wick down to $3450 or $3405 for a stronger bounce to get through to at least retest some of these higher levels for quick scalp. Also not ruling out revisiting some of these lower levels at $3356, $3282, $3200 or even $3120. Wouldn't really expect to see those lows until Sunday or Monday, but you never know.
XBTUSD: 4hr Mex Chart Such BrutalityAfter a nice 3% drop on a wick this morning followed by a quick bounce back, the savage nature of BTC Price Action is in full effect. Looking back to the lows of Decmeber, and the levels from the rally that followed for ideas of where this is headed. It would certainly fit with the Sadistic Price Action to run up towards $4k and above, only to smash down again and revisit these lows, if not make new ones. Currently sitting flat, but watching to catch a wick on either side if I can.
XBTUSD: 1hr Mex Chart, a scalper's bread & butterPlaying these levels this morning with some decent scalps, prepping to catch the bigger move ahead. Price reacting with good ol' $3550 beautifully, would like to catch another long there, or lower, but for now I'm playing the bounces on these wicks.
XBTUSD: 4 hr Mex Chart After the blood, expansion incomingWatching how price reacts to levels in these two previous consolidation blocks, both of which ended with rapid upwards movement. Not ruling out a bearish retest of some of these higher price points followed by more downside and new lows, but things are looking pretty ready to pop with a bottomed out RSI after touching below $3550 yesterday. Small body candles lead to big body candles
XBTUSD: 4 hr Mex Chart pretty clean retests amidst the chopChop city, but we are seeing some nice retests on the lows and some more bearish looking ones on the highs from this previous 4 hr block. Would love to see things fly up to $4500ish, getting all of CT bullish just before a massive rejection and dive to $2800-2600. I love the carnage
ETHUSD: 4 hr Mex Chart, bullcaseWould love to see something like this play out on ETHUSD. I see a lot of folks calling for it to dump, and I would love to catch a long somewhere around $136, but will start scaling in at $144-141 in case it bounces sooner, if BTC goes up, we may not see much of a dip at all before ETHUSD goes up.
ADAH19: 4 hrStopped out of a scalp long this morning and looking to possibly catch another. Pretty clean PA, looking to get in at the green levels, but keeping tight stops in case the floor gives out.
