BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
TLDR: bullish if we break and hold 6875 OR make a higher low and hold 63xx-64xx. Bearish if we cant hold 63xx-64xx


Not much changed. Still dead volatility moving sideways.

My current positions and what im doing with them:

40% leftover of my 5x Sept futures long from 5820 - relong on a confident close above ~6875, targeting around 75xx-76xx. Stops below ~6720.

Assuming we dont go up, will close the remaining 40% if we cant hold 63xx-64xx (4H block with confluence).

3x spot short from 6610 (underwater) - stop on a confident close above ~6875 (same as relonging condition) and targeting 63xx-64xx (4H block with confluence).

Other fun little side notes:

In Jan, I FOMO'ed in DGB right near the top with no stops (ah, the early days…). Had some other small trades on it since then but didn’t get to dump my initial bags until today. They were still in loss although substantially less than they were last week. Felt damn good.

Managed to nail an entry on ZIL. Logged into binance few days later to set my profit takes, turns out I fucked my stops and they triggered one satoshi below my entry and price ran away. Lost out on like 30% but quite proud I didn’t chase the fucker.

Still looking to long alts on two conditions: we set a daily higher low around 63xx-64xx on btc (this means alts should also make higher lows and stops could go below them) or we break and hold above 6875.
Comment: above the the first daily block it should say: Potentially a lot of short stops above the block (meaning LONG liquidity).

Just realised i fucked it up. mb
Comment: Closed the short and will likely close the long too.

Time to step away, do a bit of performance review and education

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out