Long Trade(BTC)

Keeping it super simple here since the 4hour MACD has been calling these moves pretty well so far.

Price setting up like last three swings so we get the cross we long simple , target CME gap 29k.

Note

This could very well be the last long trade for a very long time , next long would be start of October

Note

Heikin Reversal candle and VWAP flipped , good signs

Note

No cross today , let see tomorrow

Note

Bought some x3 leverged tokens (ETH) here , will be holding them till Mid August most likely , we should get the cross next 4hour candle

Trade active

SL would be 22850

Trade active

Right as expected we got the cross , CME at 28.5k , that would hit top of channel sometime Mid August , SL at 22850 and TP 27k

Note

possible we are in the last count up

Note

They can try hold it down but it will pop soon

Note

Full reversal in 24hours or I quit

Note

Rare to see NAS going up and Bitcoin going down

guess this time was one of those moments , possible bull flag still forming

Note

Thats a full reversal target still 27k to close trade but most likely runs up this month to CME Gap at 28.5k

Note

I'm going to pinpoint the end of this rally by using USDT chart , very very high chance this rally stops when we hit white trendline which could be at around 28k bitcoin

Note

should be fine aslong was we hold previous resistance has support

Order cancelled

Closing all here till CPI tomorrow , see what happens

Note

CPI lower , casino time

Sporia

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Sporia