Hello again!
After our very successful short positions from 48k to 38k, i can see lot of long possibilities in the markets. Id like to be bullish on 37.9k on Bitcoin. Maybe scale long all the way of the bearish manipulation wick what occurs before we are moving bullish.
We need to look where are market movers setting their Buy positions.
As told before us30 was at resistance levels. Now we are in more of a support level which could turn crypto market bullish also. If you are more familiar with altcoin's market, there are a lot of opportunities for longing.
Maybe we will get some positive news from Putin that he will not pursue Ukraine war anymore so that would be hugely bullish news which could turn everything bullish and optimistic.
Also Fear and Greed indicator turned today 23/100 in Extreme fear, probably tomorrow we will see 16-20/100 depending on the daily close. These kind of levels were last seen at 22.01.22 before massive 250% bullish move.
I think this run will be more of a bulltrap to 50k to turn everyone bullish then maybe drop to 31k in the summer. We'll see more in coming weeks.
Lets get the bag !
After our very successful short positions from 48k to 38k, i can see lot of long possibilities in the markets. Id like to be bullish on 37.9k on Bitcoin. Maybe scale long all the way of the bearish manipulation wick what occurs before we are moving bullish.
We need to look where are market movers setting their Buy positions.
As told before us30 was at resistance levels. Now we are in more of a support level which could turn crypto market bullish also. If you are more familiar with altcoin's market, there are a lot of opportunities for longing.
Maybe we will get some positive news from Putin that he will not pursue Ukraine war anymore so that would be hugely bullish news which could turn everything bullish and optimistic.
Also Fear and Greed indicator turned today 23/100 in Extreme fear, probably tomorrow we will see 16-20/100 depending on the daily close. These kind of levels were last seen at 22.01.22 before massive 250% bullish move.
I think this run will be more of a bulltrap to 50k to turn everyone bullish then maybe drop to 31k in the summer. We'll see more in coming weeks.
Lets get the bag !
Trade active:
These last hours there has been nice pull down into our long position.
As we can see from the market most of the stop's are at 37500, maybe we will see a stophunt to these levels. We want to see longs getting rekt, before bouncing higher, this will be the signal for us to long hard.
As we can see from the market most of the stop's are at 37500, maybe we will see a stophunt to these levels. We want to see longs getting rekt, before bouncing higher, this will be the signal for us to long hard.
Comment:
Nice bounce, we saw just an hour before daily close longs getting stopped and liquidated. This was our bullish signal, lets see if we break 40k then we are in bullish territory
Comment:
We are at 40.3k, a great place to take some profits and put all stops to entry. Lets see if we manage to break this level.
Trade closed: stop reached:
stopped with small profit @ entry level