Bitcoin / TetherUS
Short
Updated

Bitcoin to $54750...possibly today

462
Just entered a bitcoin short.

Trade aligns with my trade plan, got enough confirmation.

I have potential take profit targets shown on my chart.

Main target for today is $54750

Ultimately I think we going back to $47000-$45000.

IF anyone following feel free to adjust stop according to comfort level. Mine is at $58455 area. Might tweak it a bit. but should be sufficient.
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Stop adjusted to $58502
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Repositioned bitcoin short.
Trade closed: stop reached
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Market has shifted structure back bullish. I think we're gonna make another attempt to push higher before breaking back down. I'll update here when I enter the long if it's still valid
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Just entered bitcoin long
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Adjusted bitcoin stop a bit lower . Give it some more room to breathe

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Closed bitcoin long. Am not feeling it. Seems kinda weak. Am wait until NY session later on.

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I'll watch it a bit more. If I don't see what I want to see then am get some sleep.
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Re-open #bitcoin long just now. Am a let it run over night. Gn.

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Closed 50% profit on bitcoin long
Trade active
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Just re-entered bitcoin long. Other portion of trade got stopped at BE from earlier.

This trade is roughly 4.5- RR
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Closed 50% profit
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For remaining #bitcoin long position. Stop moved to BE and tp open.

But I will hard close @ $61000 given we spike up to there quickly.

Maybe within next 2 hrs. Don't think I'll hold it longer.

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Trade closed manually
Full close remaining bitcoin long position. Looks likely to dump lower . Can always reposition long if still valid.

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Once again opened another bitcoin long. This one a bit iffy compared to others as its pending one main confirmation which will come soon if we gonna go up. But given we are indeed going up wanted to have a relatively good stop with good RR. I think since today is weekly close we might spike higher again due to the volume increase that usually happens as we draw near weekly close

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