TanukiTrade

BTCUSD what's the next turning point?

Short
BITMEX:XBTUSD.P   Bitcoin
I've missed the breakout cause some vacation time, but I'm not dissapointed, preparing for the next position with my Hedging Account and it must be some short position.

The bullish momentums at bottomse was very pretty measurable with Murrey's Math & Oscillator divergences on higher timeframes in the last months.

With the length of the upward channels was calculated with fib 0.78 - 0.68 range.
Will looking for some divergence to making lot of money with that.I've wrote an article here : How to making LOT of MONEY - Hunting Divergences

I'm preparing myself to find a good SHORT ~11.1k-11.3k.
Targets are very mixed because I think: we are still inside a descending triangle, wich is bearish - until some invalidation.
So my first profit target will be 9.5k obviously, but still using some portion of this short to hedging against my LONG, which planned to open at bottom.

But be careful, because many people out there believes: this is the last time to buy below 12k.... are they right? Who knows.

On that bullish case I'm looking for weekly close above 11.5k,
about the resistances I've wrote an idea about resistances/supports earlier: BTC will show you: SIR, WHEN MOON? wich is still valid as you see.



If you liked this idea, follow me on Twitter as @MrAnonymCrypto too.

SIGNUP MY FREE NEWSLETTER HERE


This is not financial advise, I'm just a guy from the internet, do your own research before do anything crazy out there.



What about this, sir?

www.tradingview.com/x/6a8LABPH/

🏆 [FREE for LIMITED TIME]

My Option trade performance, closed trades and analysis:

⏩⏩⏩ TanukiTrade.com
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.