7 day 30 min chart- Times are tough when trends are weak!!

10 ม.ค. 2020

OK- whats happening now?? Weve seen significant manipulation the last couple days and its been very interesting. I have 5 scenarios which helps noone but it shows how unpredictable things are right now. There is a case for a pump to 9K and a potential dump to 7500 which indicators are actually pointing to. Im not in a trade right now but I think Ill be waiting for a 200pt move either way then hit it long or short.

Im thinking long right now ie) better chance it hits 8200 vs 7900 ... if someone held a gun to my head to choose. Based on bitmex order trends, open interest, general market vibe .. Fisher and MACD points to bit of a dump tho.... Again Im not in ATM as I like to feel confident Im in low or high... 8075 current price

11 ม.ค. 2020

บันทึก

OK Opened a short at 8237... I did say Id open a short so sticking to my own advice... I think Ill close it sooner than later tho...

11 ม.ค. 2020

บันทึก

for the record... very nervous sitting in this short!! not huge volume so feels like a nice dump incoming

11 ม.ค. 2020

บันทึก

PS- stop loss at 8280

11 ม.ค. 2020

บันทึก

OK last update on tis chart... volume is super low. this thing could get hammered 300pts down or up for that matter... down is most likely cause.. well ...whales you know. Ill examine charts later. I could close my short soon for profit but I do think major (200pt) move incoming!!! good luck to you all!!

for my trader friends who are gonna help out on our new project... smashtraders.com ius super close to beta launch. Its pretty awsome!!

11 ม.ค. 2020

บันทึก

out of this trade 8170 then went long same price... another hour staring at the chart