MacroTradingE

April week 1 / Journal

BITSTAMP:BTCUSD   Bitcoin

매매일지

Nothing changed in my bias.
BTC going higher, but temp pullback won't give too much hit.
Accumulate while you don't see major Signs of weakness in HTF
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i am holding spots which opened on good entry.
but reducing margin long here, Equal high, Supply blocks above.
It can deviate to 60k+ for sure.
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last leg up usually makes triangle on 4th wave
then 50k seems good for another liquidity grab.
i will look for margin long on every red box.
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sizable bounce zone could be green box around 56k,
but without a demand confirmation it would not last long imo.
take a action range by range.
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poc 56129 mid range
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Last market boune from prev bottom (51k) pushed by derivatives.
this range don't have much demand for now.
i would like to see a data that backs up the move up which haven't showed yet.
no rush or panic, we do have much upside soon.
reduce your risk, and re balance on pull back.
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almost every onchain calls "long liquidation"
i would call it "long closed" which pushed price up from previous bottom.
make sense ?
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Absorption on btc , major alts making nice structure. Still not a demand from spots, mostly derivatives yet.
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daily closed above on new trend, expect alt to run, and btc follows soon.
no margin position here since it could have ugly wick down, holding spots.
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If btc breaks out, its like 20k break out with different behavior on spot volume. All major alts forming a great structure so i would guess slow grinding up btc , alts have some time to make a next TR, then btc takes money outta alts to run. Fair enough.
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LTC formed triangle, que for breakout.
Leading this time ?
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demand loading up, do not short.
I repeat do not short whoever believes me.
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I bought your tears.
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12hour supply breaker awaiting
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Re:

BTC sideways in range
Dominance breaking down
Alts having time to breath, run up,
Forming new range (TR)

When major alts have made new range top,
BTC will run and dominance would rise.

4월 1일
코멘트: If btc breaks out, its like 20k break out with different behavior on spot volume. All major alts forming a great structure so i would guess slow grinding up btc , alts have some time to make a next TR, then btc takes money outta alts to run. Fair enough.
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