NeoButane

Where will we go, we always know - A XBT love story

Long
NeoButane Updated   
BITMEX:XBTUSD.P   Bitcoin
Boxes, people, boxes!

Look at my boxes and be embarrassed you did not realize to put horizontal rectangles in the same place that I did. It has become clear to me that my boxes are dictating price action. Feel afraid? Confused? Read on, you weary soul.


I believe there's a chance that price will move down a bit into the developing VA (the blue lines you see on the main chart series). It'd be a good buy, even here under $10,600 is not bad. Target is upper box/weekly VWAP. Stop determined by risk. Risk more, put a stop on the top of the bottom box. Risk less, somewhere within the box. Even less risk, buy here + hedge, put bid orders all the way down to $10,400.

It honestly looks like it's not going to dump at all...
Comment:
Weekly VWAP double tapped
Comment:
Comment:
What a show! Shorting alts as a hedge is what I've planned instead of reducing/flipping short.

My published indicators: www.tradingview.com/u/NeoButane/

Sorry if I haven't replied to your message yet, I'm a bit backlogged :)
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