Currently we are at our "Take Profit Zone" between 46.500$ – 48.250$ from our previous "Buy the panic sells"-Long(28.500% – 29.000$).
We try shorting bitcoin arround: 47.000$ – 47.500$ with stop loss above 48.300$. Our first take profit will be 44.500$ and second profit target 41.600$. I will also add more longs at 41.600$~.
We try shorting bitcoin arround: 47.000$ – 47.500$ with stop loss above 48.300$. Our first take profit will be 44.500$ and second profit target 41.600$. I will also add more longs at 41.600$~.
Comment:
Comment:
We are currently above the VWAP and trying to push yesterdays average VWAP. Additional we have 2.618 (47.443$) Fibonacci Retracement. I think this resistance is much harder then 42.000$ ~ area.
Comment:
If we hold 42.000$ – 40.600$ as support and break + close clearly the daily candle above 47.000$ then our next target will be 52.000$ ~
Comment:
First take profit(44.500$) got filled. We put our stop loss at 47.000$ in profit because i think its more likely that we pushing new lokal high from here.
First take profit(44.500$) got filled. We put our stop loss at 47.000$ in profit because i think its more likely that we pushing new lokal high from here.
Comment:
Short Hedge stopped out. Anyway our Stop loss was in profit and atleast one take profit got filled and some new longs arround 44.500$.
