Good thing i have a long in profit because i would hate to trade this. So far i shorted the march contracts and will look to add to my long on perps round 8200 area. It looks bullish, smells bullish, must be bullish!
I will remove my hedge if the weekly closes over the 200
I will remove my hedge if the weekly closes over the 200
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The Volatility say's don't be stupid, it low and looks ready for expansion.
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My current trade plan and levels i think are of importance to me and my risk management.
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OMG....A spelling mistake on that chart. Im sorry.
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Sort of
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New pull back target, the rising wedge should it break out to the downside has a measured move all the way down to 7700, I'm placing orders under 7800. This is just a pull back target in case it dumps.
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Risk is worth the reward if a retest hold
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First TP at 10k not 11k
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I have close my future short and shorted ETH to hedge for my BTC long exposure for now.
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So far this break it first really bullish sign we have got from btc during this whole pull back. Going to add to long if 8400 gets a touch
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All eye should be on the monthly close. Can we close over resestance. If we close above i will be looking fo it to retest the break.
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I will be looking for the monthy to test the previous resestance area round 9200, should that fail the next area of interest is 8500.
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So far it just keeps going up, a lot of deliverance going on with some indicators, some low orders might not be a bad idea. Don't be stupid, this can and it is going to dump at some point so start taking profits. No one gives a shit about how big your ROI is, don't mean shit if your account says ZERO