shorting at 31,550 expecting a strong intra-day pull back to range low (sub 30k) following the current successful bullish breakout. Price shall recover fast and trend aggressively higher next days.
uptrend continuation bet into dip at 30262 targeting 34k
entered short at 30,600 as market is taking too long to continue uptrend despite bullish news
re-enter long on the dip at 30,275 targeting a move to 32.0 with a stop under 29.8
momentum short into bounce at 30788 targeting 30.0 with a stop above 31.0
re-entered long on this dip at 30.0 expecting a trend continuation to 32.0 over the next week
entered the dip after news of SEC came out with civil lawsuits against Binance
RSI now flashing a lower low on weekly vs price higher low (Hidden Bullish Divergence) This means downside momentum is peaking (fear), while price is not crashing (smart passive bidding) This typically results in a new high in price and can extend to 36-40k in this case.
flipped from short to long on first sign of invalidation of downside momentum
25:1 Short with stop above 27.0 weekly RSI peaked above ATH while price hasn't even bounced 50%
RSI peaked above all-time-high levels but price failed to correct even half of the downtrend. The dynamic driving this drop scenario might be that we are still in a downtrend and people just got too excited thinking the bottom is in, so that the price now has to correct.
5:1 momentum short for immediate take profit (1-2 days) at 24.7 and 1% stop
Mean-reversion long from 26,875 to 28,500 with a 2.5 R/R and a 2.4% stop
re-entered long at 27,175 after taking profit at 26.9 in last trade
long now after liquidity pool was tapped (from stops and H&S sell triggers)
flipping to short into bounce during weak price action
flipping from short to long here at 26,950 with a 3% stop for another leg up in the YTD uptrend to 35k (10:1 R/R)
long into dip for mean reversion to 29.1 next days