BTC -> Bullish
After a rejection and whales taking profits BTC Dropped for two days from $11,200 - $9000 Area.. I anticipated a further correction for another two days, But since this market is completely insane we rebounded alot sooner, maybe due to the futures trading anticipation.
Now we are back in an uptrend continuing -> Here is how we trade this market.
BTC Long over the previous highs
Stop loss below $11,000
Target 50% or $15,000
After that we will swap sides to take BTC short @ the highs.
Good luck traders!
After a rejection and whales taking profits BTC Dropped for two days from $11,200 - $9000 Area.. I anticipated a further correction for another two days, But since this market is completely insane we rebounded alot sooner, maybe due to the futures trading anticipation.
Now we are back in an uptrend continuing -> Here is how we trade this market.
BTC Long over the previous highs
Stop loss below $11,000
Target 50% or $15,000
After that we will swap sides to take BTC short @ the highs.
Good luck traders!
Operación cerrada: precio stop alcanzado:
Trade Should Have Been Stopped @ $11,000.
Operación cerrada: objetivo alcanzado:
Target Reached On GDAX
Operación activa:
Short BTC $14,000 - Stop Loss $15K
Target $9000
Target $9000
Operación cerrada: objetivo alcanzado:
Closed Trade, Short Should Have Been Closed or profits should have been taken.
Comentarios:
We will wait for the next opportunity to short. This should be somewhere around 20k