Finally, we broke out of the triangle!!!
we caught the bottom perfectly in the channel!!!
also caught the #ETH move as well!!!
#BTC -
#ETH -
gonna hold both 50% sizes for the moon!!!!
alright so fresh update, I mentioned a new setup for #BTC yesterday & I said if we broke out of 36k it will be invalid now charted fresh on daily charts & triangle breakout looks extremely solid, one of the best part about this move IMHO is that it happened on WEEKDAY, not the weekend, however usually if we start week green we start to turn red by the end of it, let's see what we get this week, for now, this are 2 setups I am looking at ( I don't have short & long orders placed yet, this are just my interested levels I wish to enter in position) ( I will check LTF price action then will enter)
1st is the Short - s3.tradingview.com/s...shots/1/19r2VVGQ.png
2nd is the Long - s3.tradingview.com/s...shots/o/OKgy5f5b.png
now my entry is way too low for the long, & one more test of the support??? yeah that will be the 5th touch & that 30k support is now super weak so it's possible that well we just breakdown for my max pain scenario
whatever happens, the goal is to catch % move as we are trading on leverage, whether it's 30k or 60k all you should care about is catching 10% move :)
will update this idea as we start forming some new candles moving forward, we don't know IF the local top is in yet so will update fibs as well
have an awesome week ahead people!!
Keep #Hustling!!!!
we caught the bottom perfectly in the channel!!!
also caught the #ETH move as well!!!
#BTC -
#ETH -
gonna hold both 50% sizes for the moon!!!!
alright so fresh update, I mentioned a new setup for #BTC yesterday & I said if we broke out of 36k it will be invalid now charted fresh on daily charts & triangle breakout looks extremely solid, one of the best part about this move IMHO is that it happened on WEEKDAY, not the weekend, however usually if we start week green we start to turn red by the end of it, let's see what we get this week, for now, this are 2 setups I am looking at ( I don't have short & long orders placed yet, this are just my interested levels I wish to enter in position) ( I will check LTF price action then will enter)
1st is the Short - s3.tradingview.com/s...shots/1/19r2VVGQ.png
2nd is the Long - s3.tradingview.com/s...shots/o/OKgy5f5b.png
now my entry is way too low for the long, & one more test of the support??? yeah that will be the 5th touch & that 30k support is now super weak so it's possible that well we just breakdown for my max pain scenario
whatever happens, the goal is to catch % move as we are trading on leverage, whether it's 30k or 60k all you should care about is catching 10% move :)
will update this idea as we start forming some new candles moving forward, we don't know IF the local top is in yet so will update fibs as well
have an awesome week ahead people!!
Keep #Hustling!!!!
Comment:
Short stopped out