Currently already in a long, but if BTC can't breakout above $8900 soon/if I get stopped out, I'll be laying bids around $8600 to catch a bounce. Still feel like $8k could be a better high timeframe long entry, but I could see this $8600 getting a bounce first. In a new telegram channel where we talk a lot of market activity and bounce ideas, come join us: t.me
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Cleared chart, took the L on the long earlier, and Market shorted and made back the losses. Now looking at this other daily block for a long entry.
Woke up to a nice surprise, all 3 bids filled for an avg long entry of $8966. We'll see if it can get a decent bounce back here
Also stopped out of my ETH long, and I may end up just buying a lower timeframe setup tomorrow as well, but I'm gonna leave some low bids overnight here at this lower daily block/fib extension.
Not particularly bearish, so wouldn't feel right looking for a short yet, but I will leaeve some bids here at the 1.27 Fib downside extension overnight. I'm sure I'll be able to find some lower timeframe spots in the morning, but right now this seems like it could be a good spot.
Cracked open a smaller position here, got a little impatient I guess, and this was when my bids would have been in the setup from yesterday...still have the lower bids ready to fill if we get a little dip.
Going to Place some bids here for ETHUSD on ByBit, played out ok in the higher bid zone I posted yesterday, but I think we could get these slightly lower ones filled soon.
Everyone expects BTC to dump and pump, like if it already happened... usually BTC does the opposite. In any case, below plan is for what we expect. Knowing that we may expect unexpected as well =) What happened when BTC pumped on 25-26/10? It left a lot of shorts behind and they wait for the moment to join, before it grow for more. Market makers shorted above 10k...
Hit the lower bids from my idea from yesterday, we'll see how it plays out from here.
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Long open, hit 2/4 bids so far.
Looking to catch a dip to one or both of these white boxes. Will scale out at targets, but leave a little to run if things get crazy. Standard setup for me using orderblocks confluent with fib retracement levels.
Looking for longs at either of these 4hr breakers. Stops within 0.5% of entry, scaling out at targets and moving stops up into profit if I do catch a nice bounce. Expecting Chop for the most part, but I like how these 4hr blocks for the past day have found strong buy support.
I focus on providing live education and support to those interested in trading, Cryptocurrencies, and Blockchain technology. You will learn charting techniques, technical analysis, and the most popular cryptocurrencies for trading. My content is ideally suited for beginner to intermediate level traders.
After Getting stopped out of my Long from yesterday, and missing my top bid by $7, I had to watch as the King went ahead and hit 2/3 of the targets I had been aiming for. I market shorted at $9528 and Flipped long here. A bit of a punt here, but I like the reaction off this hourly breaker so far, and if $9.7k gets run through, this should go right to $10.2k
Bitcoin just broke out triangle and now heading to resistance line. Good luck