BTC daily chart update

已更新

BTC is close to the cloud test. Breakdowns are usually sharp declines after a period of distribution on top of it while here we are seeing that it just slides down to test its lower range. Last time it happened that way we've pumped quite a lot. If we would repeat the same move we'd end up close to 35k, as marked on the chart. Holding my positions in altcoins until we break it to the downside, may even open a long position soon if I'll manage to time it well

註釋

btc struggling to show strength on both daily and 4h. Daily chart still looks like some upside is possible but needs t o break above 30600

註釋

Nice attempt to repeat the same scenario as on the chart. Fat green candle would be great for my alts

註釋

Bad daily open for bitcoin. Moved my stops in profit just to stay safe. We may test 30600 and see what happens next

註釋

Opened a long with sl below todays low

註釋

If we look at the monthly chart we've stopped exactly at the cloud today. The risk is really small so I may as well give it a shot

註釋

This long position here is open for longer than I expected. Even rate hike couldn't stop me out. Maybe that's the direction then

註釋

Still in that long position. 4h chart tries to break out. Also the first sign of a big reversal to the upside on a daily chart but it's still early

註釋

Placed SL at the entry price of 29116. If it goes lower I may try to open long there

註釋

Got stopped out at BE. Placed the same buy at 28400

註釋

That's the plan

註釋

28500 now just to make sure it gets filled if we bounce back quickly

註釋

Or it took my position away and we are going to bounce cause 5th waves tend to be shallow lol

註釋

The 5th wave still in play I suppose. Be careful out there this week as we are about to get many earnings reports

註釋

Preparing to buy bitcoin

註釋

Buying now first entry at 28780

註釋

Ok full position now. Counting on it to flip to the upside now

註釋

Caught acceleration instead lol. Adding some more

註釋

SL at 28k break

註釋

Works

註釋

5 wave drop worked. Time for a swing to 32k and maybe more ?

註釋

Moved my SL to todays low. If that move gets sold out there is propably more downside

註釋

Just holding all trades now. Feels like I'm well positioned if we are about to properly break out on bitcoin. Positions with leverage: qnt, rndr, xrp, btc, spot: solo, vxv, ewt, hbar, xrp, rndr, matic

註釋

The only thing that bothers me is bnb and its price action.

It broke down on a weekly and is not really looking bullish

註釋

But it may be a subject to manipulation by binance. They can push it straight back up in a matter of days so who knows

註釋

Btc rejected quite well at a crucial point. Let's see if it dumps straight down or keep going

註釋

Volatile week as I said. Good entries allow to stay in profit but may get stopped out tomorrow night as apple and amazon earnings are on the way

註釋

Seems like bitcoin withstood this week without breaking down. Went close to the entry price and but not reached the stop loss. I'm not sure if there are any triggers that can dump it in immediate short term. Seeing some optimism would be nice

註釋

Well we've got more fear instead. Leaving the market in panic mode over the weekend is usually not a great sign. Xrp broke down back into the zone. There may be a lot of more downside to this market if it keeps going like this

註釋

Opened longs in us30 at 35127

註釋

Out of btc, SL moved to BE on us30

註釋

It may bounce from here but this market is making me mentally tired lol

註釋

Massive trade on us30 today with a big swing potential. Feels way better than crypto, honestly

註釋

Market is not really retail friendly recently I'd say. The stock market builds up the fear of a big dump. Bitcoin is actually stonger than it should be but after watching todays session it's obvious that there is simply no money in crypto. Trading it in any direction is basically hoping that whoever manipulates the price of btc will do it in your favor

註釋

Still based on a daily chart. Opening long with stop at 29250 would not be a risky play

註釋

https://blob:https://www.tradingview.com/b27a9d43-cac6-4b95-8153-e22dbe5de749
Basically hoping that the cloud will not get rejected along with the whole move to the upside that we've seen recently

註釋

Picked up 1 btc long at 29292. Just a small bet in case we get to see any moves up based on daily chart. SL below 28500

註釋

Opened usd jpy short. Bitcoin tries to go up again as expected. Starts slow, potentially catching short sellers in a trap before quick move up ?

註釋

If anyone here does forex