enTHUZed
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@Pro Team - Binance Futures Bootcamp ~ Day Trade Exercise

BINANCE:BTCUSDT   Bitcoin / TetherUS
MARKET UPDATE: After only a single day of consolidation BTC closed over the $10,218 Bear Hammer and printed weekly higher high over the $10,370 pivot on Binance. Price is trending the daily 12 EMA and the 8h remains the “best fit” visual guide 12/26 EMA pair for lower time frame oversold long entries on most tickers. The higher price climbs without daily and weekly consolidation the more cautious we need to be as Bulls because at some point the rug is going to get pulled. While we patiently wait for an oversold pullback to support we have some extremely bullish market conditions that can be taken advantage of from a Day Trading perspective. One could anticipate a bullish response to the first 5m oversold conditions since the Bull Rip. After the Bulls stop buying the 5m oversold conditions one could anticipate another bullish response to the first 15m oversold conditions. My trade game plan for today is to long 200 EMA visual guides on the lower time frames and close 50% at or near prior pivot highs and let the rest ride. One could expect to flip each ticker twice in about a 24h period. (This is my personal trade game plan please make your own trading decisions). The Day Trade PNLs below are calculated from lower time frame 200 EMA support to the prior pivot highs vs BTC . As long as BTC holds these PNLs will be magnified vs USDT.
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Our educational crypto trading group is focused on learning trading through actual trade repetition. Learn enTHUZed’s quick and easy Strength Trading style using simple chart indicators to “short the Rips and long the Dips”! We cover these major futures trading pairs regularly: ADA , ATOM, BTC , BCH, DASH, EOS, ETC, ETH, LINK, LTC, TRX , XLM , XMR, XRP, XTZ, & ZEC along with the Binance margin trading pairs.

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Comments

Nice call on ONT at the end. Spot on!
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