Hedgehog_king

Struggle on the 10k-10100?

Hedgehog_king Updated   
BITMEX:XBTUSD.P   Bitcoin
Why we struggle so much between 10k-1100?
Because:
1. We are under 0.3 fib (since bull run started), and 0.5 fib (since parabolic confirmed)
2. We still have very low buying power
3. We are under SMA 200 on 4 hours....

Passing 10100 and breaking above 10160 will confirm a flash rise above the cloud of 15 min towards 10760 (The edge of the pipeline)
Failing these levels and going back below 9000 means we are going towards 8700 and breaking below is 8200...
Trade active:
If you guys took the 10100-10160 entry long, then I would advice taking at-least 25% profits now and also move sl toprofit zone at 10170..

TPs are: now (10370-10400) 10500, 10600, 10700, and leave as little as 10% if we go higher...
Trade closed: stop reached:
Conclusion of the signal:
1. longed between 10100-10160:
- Took profits: 15% at 10370-10400
- The rest (85%) for stopped on tp at profit zone of 10170.
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