Short term scalp long 9730-9770 target

Looking for 9740ish. Not gonna hold any significant long hoping to break past the recent high because of the major bearish divergences, however, I will be holding a small amount just in case. Bitcoin bull runs can be irrational.

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Yup there we go

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Stop moved into profit.

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Took some profit at 9700. Might look to rebuy on the swing back down to the breakout level at 9650ish

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With a preset tight stop as always.

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added at 9677

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Because we're at a finex resistance. If it breaks i have bids 9640-9650 with stops just below

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Refilled bids 9653 on mex

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Target hit took most profit

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This could break up

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Bids at 9721

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Got my longs, continuing to move my stops below each resistance that we break. $$$$$$

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It's been very noticeable the past week that bitcoin goes up on no volume. There aren't and massive market buys. This is speculation, but to me it seems as though the big players have their coins and are now letting retail traders run this up.

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Generally the price can fall by it's own weight but it takes volume to move the price up. This suggests that there are no sellers at these levels.. yet. Be careful because they will come eventually.

blesdawg

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blesdawg

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