AFTrades

AFTrades

9150-9170 entry short stop loss 9190-9200 profit target 8900 range

AFTrades

- Trend overall is bullish currently with higher lows and third tap to resistance which weakens with every tap - Possible momentum scalp from 9k break. Another possibility this flash crashes into 8885 and rips past resistance to trap shorters. - The previous downtrend couldn't even break under the 8600 area

AFTrades

2019: Aug 1 2.25% Lowered rates despite growth Sep 19 2.0% Fed was concerned about slowing growth. Oct 31 1.75% Slow global growth and muted inflation. 2020: March 3 1.25% Corona virus outbreakw 2/3 times in 2019 BTC has had a significant downside after a Fed rate cut so watch out for another mid-term drop in comparison to what has happened before.

AFTrades Updated 

Possible falling wedge breakout in session watch for a retap of the top resistance and breakout or for MM's to rip it under and fakeout before a breakout.

AFTrades

The break under 9k indicated a great short opportunity. There isn't much support between 9k and 8.6k. Opened short from 9k and closed around 8.7k with staggered buys. This area is starting to form support so it could be a pivot point for a push back up or a reload before further downside. I suspect it depends on the time in this range because if this is an...

AFTrades Updated 

This is the time to add contracts when there is blood in the streets. MM's have done a good bit of shakeout's and manipulation to scare the general public out of their longs. Big picture if we break under 9k I don't see this bullish trend continuing but continually adding fiat at these levels. Sitting on the sidelines - waiting patiently before I enter into any...

AFTrades

Possible short-term bounce on BTC

AFTrades Updated 

We've dipped 10% which is comparable to the previous pullbacks. I am continuing to add leveraged longs for a re-break of 10k. I would be weary if we cannot break over 10k and hold within the next few days

AFTrades

Green box is where I will be adding leveraged long with a stop loss under 9k. Furthermore, if we continue to downtrend and break under 9k it will get bloody but I believe we will get a lot of buying pressure in this zone and that bulls will take the lead.