MrDorea

Bitcoin and where to Trade Now

MrDorea Updated   
BITFINEX:BTCUSD   Bitcoin
It's stuck in this channel I've painted with black lines.
A push above 48.5k with strong volume results in a continuation of the uptrend.

Meanwhile I shorted sub 48k and prepare for btc to test 37.5k at least, aswell with buy orders at 33k and 30k.
Check the RSI on weekly and the EMA's too.

Trade only the breakout above the black lines or buy near the blue line.

Have a nice day )
Comment:
Everything goes according to plan. Right now this is a no trade zone for me.
Will wait either to break upwards the 48.5k zone or start to buy as planned in the description above.
Comment:
Just now noticed that btc is in a Wyckoff Accumulation phase, waiting for ST around 34k where I start to look into altcoin positions.
Comment:
Fail with the wyckoff, entered GAL and SOL for a 50% bounce but for now have no positions. BTC sub 28k first or above 31.5k
Comment:
Right now as btc is at 28.3k$ bought some sol,avax,ftm,near,algo,atom,klay,gal,vet and glmr. This post is for me in the future ( I hope btc doesn't go lower than 25k or I'm #rekt ) :)
Comment:
Portfolio down 20%. Bought a bit more when btc is 21k, portfolio down 12% for now.
Comment:
Alright, portfolio is made full of alts : Sol, Dot, Avax, Near, Algo, Atom, FTM and GAL. All were bought when btc was 21k, now portfolio is down 14%. This is for future reference if there will be some ))
Comment:
Made 20% on portfolio, closed in profit for now.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.