My BTC Plan for Today. Opened a first Hedge position aroun 9515 , stops above 9675 area New possible adds Hedge below 9300 area This is a Hedge Plan, I have those BTC in HODL position off line. I just work in Futures short, I never leverage futures something I dont have off line I believe in BTC we dont need to leverage and I'm holding always off exchange and...
Maybe is possible we are working in this down channel too. We will see if BTC can breaks up 9700, if not, this is the case!!
BTC needs to break below 9100 to consider protect in a Hedge or so.
BTC Triangle and Blue Support Line. I think we are supporting here yet. This triangle were not loose heavily yet. Short, Hedge just below 9200 area if drops there. Looks like the whales are fishing in this Blue line channel.
BTC Dominance Chart. I think it is a good time to focus on BTC now, we are undervalued if we compare to other coins, and this pattern looks like we are going to increase dominance in the next few days!
We still need to break below todays low to have a new Bear Leg in my opinion!! Im cautious, as a Crypto trader I look Dow Jones as reference but I don't trade Equities anymore!! Trade for Life Good Luck and Good trades!!
Last Time we had the same 11% Pullback in the Channel, so Pay Atention, we can repeat the same Pattern, which would lead us to higher prices from here. But as I always say: believe not believing, that means, Plan the trade and just trade, put your stops accordingly, manage risk properly. Trade for Life, we have market 24/7 in Crypto, you have time enough to work. :=)
Today it was a day to be patient. We are in this channel but in a crucial moment. Im not trying to add more until it goes above 9560 and also shorts just below 9200 area. Meanwhile, save some money not overtrading ;=) Take care, trade for life!
ETH BTC vs US30 US500 crucial moment now. We are in a key moment now!! If Dow jones drops a lot from here ETH and BTC can drop together or not. I believe that BTC will bump now, but lets keep the eyes open!!
BTC still in the channel. I shorted Today earlier part of my portifolio around 9700 9600 area and I re-Bought back at 9260 9300. We are in This long Channel Blue Line in 4 Hours and Daily Chart. Also we have the 52 Mov Avg and 200 Mov Avg supporting.
BTC Triangle Trade 4 Hour and Daily
BTC 4H Triangle Breakdown Frustrated, now looks we are going up fast!! I closed My shortsell in Futures and Margin around 9600 area, Lets C if we breakup 9800 area now!!
BTC Shortsell /Hedge Idea Daily Chart