Breakdown of the level, update of the top. $ 29,000 BTC / USDTHello dear friends.
I open a long position at the current price, 27050
Buy: 27000
Targets: 27500 - 27850 - 28340 - 28980
Stop loss:
27500
Yes, many may disagree, since according to the order book, we have a lot of short positions at the top, as well as:
- Large candle absorption on volume.
- Growth without pullback (correction)
- no trade in the range 25000-25500
Many indicators - screaming about overheating.
- But for me there are many factors that prevent me from entering the short position now.
Therefore, I buy, in order to update the top 28500, as well as hike the price up to 30,000 for one bitcoin.
Waweanalysis
New position Short (3 position) 27430 BTC/USDTHello dear friends, since I have 2 short positions open, I place a pending order to sell (short) to such a mark as 27430
Selling because I have new CME targets, as well as CME margin grid,
But I make a pending order to warn you about this in advance.
I am waiting for the price update 25500-25000
I set the stop loss for three positions at 25850, observing the risk and money management.
Sell (Short): 27430
Tagets: 26460 - 25950 - 25480 - 24990
Stop loss: 25850
I open a short position again BTC/USDTYes, it is very risky, but I again open a short position from 27520
Short (Sell): 27520
Target: 27150 - 26900 - 26600 - 26340
Stop loss at 27750
Yes, I understand that the price returned slowly and confidently to the level that I wrote (27500), but I want to open a short position again, because I need a return to 27000 at least
Be attentive, do not invent anything, the zones are indicated...i close my last short position at 27135 (50 pips loss) because I see a reversal
The price began to return to its original position = and return it to 27500.
But I have one more short, which I will also close by breakeven, DRAW A PICTURE OF IMPULSE, CORRECTION, IMPULSE.
And I will open a long position only if the price is fixed at the level of 27500, there will be a protrade and price creep to update 28000-28500-29000-29500.
The margin values are now around 2000 pips for bitcoin.
Be attentive, do not invent anything, the zones are indicated, ... watch the price behavior.
Doing reverse position Long Busted 130 pips BTC/USDTHello dear friends again, I am planning to close the short position.
the price was smoothly returned back, and therefore, I expect continued growth, closing the short position with a loss of 110 points.
Because, at 1h TF, we have a complete absorption of 2 hours of the fall, which tells me that the buyer will continue to "drive up"
I also marked my "special analysis" on the chart a strong zone in which a small flat can be traded for accumulation / distribution.
Therefore, if the price overcomes the 25950 mark, I will close my short, and I will open a long for such target updates:
Buy 26000
26200 - 26600 - 26950 - 27300.
I set my stop loss at 25550
If this does not happen, then the short position will be opened further ... But I write right away that if the price is again 26000, I will buy ...
I also understand that the price very often returns to its original point, and even more so when it is sandwiched between strong levels that push the price away, namely 25600-25900, and I understand that I lose a small part of my profit on such positions, but when the price rises, it goes up or down without stopping, so in order not to fall into such a pattern, I prefer to trade this way.
Yes, many can condemn me for this, but friends, I follow all aspects of trading, monitor risks and money management, and also follow the chart, almost all the time, and if something is wrong, I will quickly react to it, and without hesitation ... I will make the right decision for myself and for those who trade with me. After all, my statistics speaks of itself
I close long and open a short positions from 25750 BTC/USDTI close my #long and open a #short position.
I understand that you cannot trade against the trend, but there is confirmation before the price reversal.
Sale (#Short): 25750
Target: 25500-25275 -25020 -24880
Stop Loss: 26100
I understand that we have an uptrend, the price flies up without stopping, and that there is no need to enter against the trend, but for now, I have made a decision to fix all the profit on a long position, and open a short to catch the update on such levels that I designated as target.
Reverse position (long) is more than 1000 points (BTC/USDT)Hello dear friends.
The previous short position did not work, but we reversed the position and got the desired profit of more than 1000 points.
At this time, I am extremely cautious - but I look towards long positions, because we had a bullish channel, a triple peak, an ascending triangle, as well as an impulse - which I wrote about yesterday (yes, all my thoughts that I wrote in comments - they came true)
We bought (opened long) from 24680
target 25290 - 25870 - 26440 - 26940
Stop loss at 23300
For so much time of my trading, I understand that it is not necessary to trade on my expectations, as well as against the market.
Likewise - my subscriber wrote to me, why am I analyzing the market so well, and hold a losing position to the last?
Indeed - thanks for the support, I will fix it.
All pleasant and profitable trades. Happy Holidays to you all
I open Long Position 23550 Last Short (+640pips)Hello dear friends.
Now I am opening a Long position to update our top.
I understand that it has already been done several times, and the price did not manage to gain a foothold behind the level of 24,000, but it seems to me that this sharp return in price, this impulse for 1 hour TF indicates that someone is selling strongly, but an equally strong buyer who is now holding the price above the strong support level 23300
Plus, I assess the situation long because:
We are above a strong market maker level, (23300-23000)
RSI 4h TF
tells me to return the price up to 24000
a plus,
my previous idea to short, although it worked, we earned 640 points), but it was very close to failure.
Buy: 23550
Targets 23950 - 24250 - 24800 -25500
Stop loss 22350
Opening short position from 23300 renewal of the bottom.I open a short position before updating values such as 23000-22800-22650-22460
Because yesterday's 23300 was a support zone, today, in my opinion, it will become a resistance zone.
Plus, the wedge after the fall, and the shadows on all the candles from above, indicate that they should fall.
Sell from 23300
target: 23000-22800-22650-22460
Stop loss short at 23600
I open a short position before updating values such as 23000-22800-22650-22460
Because yesterday's 23300 was a support zone, today, in my opinion, it will become a resistance zone.
Plus, the wedge after the fall, and the shadows on all the candles from above, indicate that they should fall.
Sell from 23300
target: 23000-22800-22650-22460
Stop loss short at 23600
Plus a rising wedge on a downtrend
Big short, two short positions - working off (waited!) BTC/USDT Good day, dear friends.
I'm glad to inform you that
Today I and my subscribers managed to catch all this movement.
Why we opened a short position instead of a long one, all the Description below.
Our first position was opened at 24010-24000. (Some opened it a little lower, at around 23950-23890 (but it paid off))
With targets such as:
23550-23150-22830-22570
Stop loss at 24550
---- ALL TARGETED TAKES ---
And the second position was opened at this level - 23490
Target: 23050-22380-21530-20270
Stop loss at 23950
for the second position - only 2 target ones (the position is still open)
And now about the main thing, why we opened this position and why it worked.
Look, I was expecting a strong momentum yesterday and my last short was to catch all of this movement. But it was closed by stop loss with a loss of 450 points. Today, We reopened the short position because we had such a picture at 2h TF
"impulse from a strong level === >>>> price return without a rollback to a strong resistance level from which we began to fall == >>> as well as news about a new type of coronavirus in ENGLAND + many traders were waiting for the breakout of the level 24000 + yesterday GAP +
And most importantly, it's a bearish downtrend triangle and as well as RSI 4H TF.
Now about the goals, many have long known that Impulse price movements are always multiplied by 2 (if you are counting on the second impulse)
And I was counting, because at the mark - 23490 -
We have formed a bearish flag.
This made me understand that I need to open the second position short, and set long targets. (Because the first impulse yesterday was 5% - so this should be about 10% fall)
That is why I set up such targets - you all see them on the chart.
And also, those who read my ideas know where I indicate the zone of distribution / accumulation of positions - you can see all this on the charts below, under this description!
We had a false exit for this zone, a long protraction in the flat - the levels of $ 23000-24000
All this spoke of a decline. And we managed to take it.
What I expect next - I will describe it in the next trading idea and explain why it can only be a correction of this growth.
If you like my idea, please support me with like and write a comment if you made money today or lost it!
New position> btc/usdt Breakdown of the levelI close my short positions, and I will open new ones - where exactly, I think you already understood))))
First position = 790 points/$
2nd position - loss 230 points/$
We also had a symmetric triangle that was broken upwards.
Plus, double bottom and reversal formations.
I will wait for how this level will react, and if it is broken, I will open a long position in order to update the following goals:
24290-24470-24920-25230
Stop loss at the price level - 23700.
"triangle breakout", I open a short positionHello dear traders.
The triangle has broken through!
My previous idea - worked so far by 75% = 1240 pips in our wallet
since only 3 targets have been achieved
you can see this in my previous idea.
I open a new position in Long - triangle breakout! BTC / USDT
But I plan to close this long. And open a short position from the current price in order to update again 23500.
Because the weakness in the market is visible.
And the expectation of a breakdown, as well as an impulse, happened.
I want to close this position from 24090 with a stop loss at 24300
and for purposes such as:
23800-23300-23000 22750
Following my risk management and money management, I can allocate 4% for this position,
no margin trading, only with a certain market.