Short term scalp long 9730-9770 target
Updated
Looking for 9740ish. Not gonna hold any significant long hoping to break past the recent high because of the major bearish divergences, however, I will be holding a small amount just in case. Bitcoin bull runs can be irrational.
Comment
Yup there we goComment
Stop moved into profit.Comment
Took some profit at 9700. Might look to rebuy on the swing back down to the breakout level at 9650ishComment
With a preset tight stop as always.Comment
added at 9677Comment
Because we're at a finex resistance. If it breaks i have bids 9640-9650 with stops just belowComment
Refilled bids 9653 on mexComment
Target hit took most profitComment
This could break upComment
Bids at 9721Comment
Got my longs, continuing to move my stops below each resistance that we break. $$$$$$Comment
It's been very noticeable the past week that bitcoin goes up on no volume. There aren't and massive market buys. This is speculation, but to me it seems as though the big players have their coins and are now letting retail traders run this up.Comment
Generally the price can fall by it's own weight but it takes volume to move the price up. This suggests that there are no sellers at these levels.. yet. Be careful because they will come eventually.
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