BiO-618

BTC perspective...

BiO-618 Updated   
BITSTAMP:BTCUSD   Bitcoin
I won't make a forecast but share my analysis from the most important levels to trade on these next few days.
I would turn bullish if we close above 12.4k and flip RS.
Otherwise, if we continue with the downtrend I would expect reactions at the signed levels. 8.3k would be almost a dream, but a legit retracement for the bitcoin rally.

At this time I'm spot BTC and trying to catch some knives with BTT and LINK. Probably gonna hedge as soon as we break another major support.

Leave me a comment and feedback, much appreciated.
Trade active:
Traded those levels with a modest profit, but now hedged 9950 until 8300 level.
Trade active:
Stopped with profit from hedges at 9300 and 9500.
Spot since then.

Waiting a consolidation, probably around 10k-10.4k.
Gonna follow the market closely, because I don't expect nothing in particular, at this time everything seems 50/50 bullsbears.
Trade active:
Great reaction.
Still spot, gonna long 10.3k or so.
A top retest would be nice, and expected, but again im gonna trade level by level.
Trade active:
Still spot and trading those levels.
Anyway, Im gonna close this trade and open a new chart with updated levels.

Keep tunned! August will be a nice month to trade ^^
Trade closed: target reached:
Dealing with the resistance at 10.8k
Gonna close and reopen a related idea.
BB!
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