AzureKn1ght

AzureKn1ght Updated 

Bitcoin looking bullish after a daily close above 9600. Looking to take a continuation trade up to the next point of resistance at 9900. The most logical entry would be a retest of the 38.2 fibonacci level. That would give us an entry price right around 9550 and present a good risk/reward situation.

AzureKn1ght

As the Bitmex Premium Index is starting to come down, and even flip negative, it might be a good time to hunt for Longs. A natural place to look will be the 78.6% retracement from the most recent bottom. It presents a well defined and manageable risk window to take a Long. Higher timeframe charts of 12H and above are still generally bullish, so let the...

AzureKn1ght Updated 

Unfortunately, Bitcoin was unable to even make it to our expected entry of 9900 region. Looking for a continuation Short at the CME gap around 9700 area.

AzureKn1ght Updated 

Looking to short the 9950 to 10000 area. Big round number, plus confluence with previous highs as an area of liquidity. Also, the 61.8% retrace from the recent high.