Do you trade cryptos ?

Updated

As we all wait to hear about the validation or not for this Bitcoin ETF, I see for now two possibilities for our H1 Bitcoin structure (that I would quite like to trade ^^). So let's be a bit patient, it is possible for now that slowly a buy setup is in preparation (second chart) If it drops then we will go for a new correction ? (chart 1).

Note

If do something like this we might consider it as buy setup. BUT let's be careful it's for now 50/50 between buy and sell...

Note

Let's go for a new structure

Note

If we stay under the line let's go with this sell setup. If it breaks the line then maybe for a new high ?

Note

Just invalidate a potential sell setup, means we should go for this structure and for a new high. It quite a risky trade to take, let you deal with it ^^

Trade active

Order cancelled

Note

BE very fast on this one. And now it leaves an unclear structure, let's let it move a bit and see what can we take

Note

Expending for a drop ? Then we take scenario 1 from this morning...?

Note

And up we go ?

Trade active

Note

It could be something like this

Note

Or it could still be this structure I was showing yesterday. If that's it then we go straight for new high

Trade closed: target reached

Thirteen_Starz_Trading

13StarzTrading.ei

Also on:

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.