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Nicotavee
Mar 4, 2022 7:44 PM

BTC - Short term long idea Long

Bitcoin / DollarBitfinex

Description

I'm going to take a trede on this supports lines confluence. Despite my bearish view on the monthly, few days ago i've reboght a very little bag of BTC thinking to a possible massive pump due to the huge candle(sigma spike) printed on 1D TF. Well that small long is currently under water and i want to Fix my average price in order to close part of it in break even. If we close under this three lines i'll take the loss.

Comment

Got partially filled

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Got filled, keeping my eyes open

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Very disappointed, we need a V bottom now on LTF

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Pretty much what i was talking about. If we go back to this V low i'll close the trade.


I did't expect this weakness at the support, but IMO is still the best place to long. 4H and Daily looks ugly. Waiting the 4h close

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Everything got invalidated, i'm starting to scale out the trade.
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