Day trade long setup based on composite TPO levels. Longed: 8704 Target: 8899 S/L: 8630 Risking 2%
Shorted: 8631.5 Target: 8160 S/L: 8740 Risking 1.5% ___________________________________________________________________________ • Potential daily chart break down after hitting HTF resistance. Continuation makes sense. • Failure to hold break out of composite VAH • Micro poor lows on today's profile
Longed: 8664.5 Target: 8915 S/L: 8427.5 Risking 2% Should bounce to 8900 minimum. Could go higher but I'm closing it all at target
Shorted: 9085 Target: 7700 S/L: 9375 Risking 1.5%
Longed: 8886 Target: 9160 S/L: 8720 Risking 1% I doubt this is the top so I think I can squeeze a relatively high probability long in while the dominant trend is still up.
Trade is based on composite TPO levels setting a limit long: 7796-7798 Target: 8030 S/L: 7744 Risking 1% *Trade cancelled if target hits first
Dropping to 7200 very soon
Longed: 6916.5 Target: Closing 20% at 7100, then holding the rest see what happens S/L: 6805 Risking 1%
Renetered long at 7225 Target: 8640+ S/L: 7088 Risking 2% ROCKET LAUNCH COMING
Crypto total marketcap has been in a down trend for 5 months. Next good level of support is $133.8 Billion, everything else is just a dead cat bounce. This doesn't mean that it will bottom at the $133.8 Billion level, it could go lower. But it is the next good level of support which has a chance of reversing the down trend.
Time to reexamine my HTF bias as BTC is at a HTF level. I was expecting new lows below 3k to happen before 14k is ever hit again. But the lack of selling volume has had me weary for a while. The volume seems to continuously dry up as BTC goes lower and I can't imagine BTC having any serious break down at this pace. We haven't seen any significant bullishness yet...
Entered long: 7294 Target: 7540 S/L: 7190 Risking 1% bullish Value migration
Longed BTC: 7200 Target: 7500 (50%) | 7883 (50%) S/L: 7085 Risking 2% VPOC support level of the last ~30 days of price action. Merry Christmas everyone enjoy your holiday :santa:
reshorted BTC: 7560 Target: 6877 S/L: 7890 Risking 1%
Setting a BTC short at the monthly open try to catch a wick Entering: 7550-7560 Target: 6877 (75%) S/L: 7692 Risking 1%
Bitcoin in consolidation for last 2+ days. many stop loss orders are being placed on each end of the range. Bullish but wait for the early longers to get wiped out first. Dont trade Bitcoin during weekends without a plan.
ETHBTC looks like ADA yesterday before it bounced. Binance chart but I'm trading ETHH20 Entry: 1775-1777 Target: 1956 S/L: 1726 Risking 0.5%