LONG Ethereum AND Polkadot on 1 hr Chart

2022年2月6日

Previously I posted a SHORT Bitcoin chart based off 1 hr TF. For the exact same reasoning I used there I have enetered LONG on ETH, DOT, $BTC.

Tight BB squeeze on 1 hr chart but what looked like CMF (Chaikin Money Flow) showing money coming OUT of these assets. But lately over last day these 1 hr candles now show money flowing IN.

I have reversed my positions in BTC and gone LONG. Similarly, the ETH and DOT charts looks the same with even more accumulation.

Ethereum:
Entry @ $2975.64

Polkadot:
Entry @ $20.95

2022年2月6日

交易進行

Bitcoin:
Entry LONG @ $41,374

2022年2月6日

交易進行

And we have LIFTOFF. BTC already broke above $42,200. Now need to hold here and break above $3060 on ETH which is next level resistance. DOT also looks similar chart to Ethereum.

2022年2月8日

交易結束：目標達成

I hope everyone saw this and traded it as I did. I mentioned in the other thread that the Upside Target Price on BTC was $45500. BTC reached $45519 before selling off....

I have sold everything as I think risk does NOT currently favor the upside. We are still on a Weekly downtrend and that has NOT changed despite the recent bounce that I traded here.

Trade what you see.