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...
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...
Note
Weekly VWAP double tappedNote
Note
What a show! Shorting alts as a hedge is what I've planned instead of reducing/flipping short.
My published indicators: tradingview.com/u/NeoButane/
Sorry if I haven't replied to your message yet, I'm a bit backlogged :)
Sorry if I haven't replied to your message yet, I'm a bit backlogged :)
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.
My published indicators: tradingview.com/u/NeoButane/
Sorry if I haven't replied to your message yet, I'm a bit backlogged :)
Sorry if I haven't replied to your message yet, I'm a bit backlogged :)
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.