Arzalon

Cliche

Arzalon Updated   
COINBASE:BTCUSD   Bitcoin
December pump, followed by a sideways slaughterhouse, perfect for shorting until capitulation. Then conditions are set for the pre-halvening pump, which dumps just before the halvening. If these next few months, turn out to be one big cliche, I will be shorting a big part of my profits....




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Sharpening my view
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Entry at 7150, sl 7269, tp above 8300
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Flipped tot USDT on basis of rising wedge, trustworthy short signal and other analysis. Stop at 8069. I see sub 7000 comming before 8300 target
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Flipped at 7700
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Rising wedge
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New stop 7969
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Expecting a slow bleed or move to the upside, after upper line of triangle seems to be providing support. Flipped back to BTC at 7350. Made up for a previous mistake. Average entry 6900, sl 6969, tp above 8000
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Moved sl to 6787, dont like the odds of being dragged into a pump, after getting stopped into USDT too early
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Flipped to USDT, stop at 7869, a little but to close for comfort, but have to do more analysis before moving it to 8136
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(flipped at 7500)
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looking if the red line trough my stops is going to resist or support the price
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Moved stop to 7936. Starting to regret last two trades... Potential Risk is not worth the potential reward, trades are to narrow for this strategy
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wrong url ;s
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resistance is going to be retested

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Decided it was too risky and not suitable within my strategy to stay in my stable position. Switched back to btc. Av entry 6900 sl 7300 tp 8200
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(Switched back at 700)
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7500
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Took my loss at 7200, now in stable position, sl 7450. Getting chopped....
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Tp 7050. Very bad r:r, going to keep a close eye on the chart and overtkink how to dodge all this chop with this strategy and catch the chop with my other strategy
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Made up mind, sl 7526 tp 6400 but readdy to flip if enough indicators agree
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Really hard to trade this range. Decided to sit this one out flat into btc, looking for the next pop or drop for direction. Flipped back to btc at 7200. This results in getting trown back in old pos. Av entry 6900, no stop atm tp 7500-8000 range
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Sl 6200
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If I would be willing to buy more btc, i would do it when price moves below 7000
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Moved stop loss to 6100 after break down

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