Bitcoin Price Action & Trade Updates
Traders,
My followers know that during the last price pump by BTC to the 200 day moving avg., I took 50% off ALL trades, altcoins included. I then moved all my stops up to just above breakeven. I have been out of the office since Wed. and came back to notice that some of these stop limits have been triggered.
XRP at .50
ETH at $1638
BTC at 26403
LTC at 65
SAND at .33
And my followers know that I took100% off on my JOE trade with 35% profit on that trade. Congrats to all who followed me in that trade!
My remaining trades are APE, just because I never sold when I was actually in profit and thus I am waiting for either the original target or SL to be triggered.
I am also in COMP with a SL of $30
This is not financial advice. Just showing you all what I am doing here.
Now, as far as TA goes on BTC, you will notice we are back down to my original Inverse H&S neckline at 25,200. If this breaks, we have support just below that from Dec. '21. However, breaking both of those would be trouble and I would then anticipate our March 23 BTC CME futures gap to be filled at around 20k
https://www.tradingview.com/x/abFl1oq4/
Stay tuned and I will try to put out a video update on Monday.
Best,
Stew
My followers know that during the last price pump by BTC to the 200 day moving avg., I took 50% off ALL trades, altcoins included. I then moved all my stops up to just above breakeven. I have been out of the office since Wed. and came back to notice that some of these stop limits have been triggered.
XRP at .50
ETH at $1638
BTC at 26403
LTC at 65
SAND at .33
And my followers know that I took100% off on my JOE trade with 35% profit on that trade. Congrats to all who followed me in that trade!
My remaining trades are APE, just because I never sold when I was actually in profit and thus I am waiting for either the original target or SL to be triggered.
I am also in COMP with a SL of $30
This is not financial advice. Just showing you all what I am doing here.
Now, as far as TA goes on BTC, you will notice we are back down to my original Inverse H&S neckline at 25,200. If this breaks, we have support just below that from Dec. '21. However, breaking both of those would be trouble and I would then anticipate our March 23 BTC CME futures gap to be filled at around 20k
https://www.tradingview.com/x/abFl1oq4/
Stay tuned and I will try to put out a video update on Monday.
Best,
Stew
Stewdamus Trades -
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
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Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
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