Multiple things going on to not long here. Rsi trendline retest, higher TF's bullish, no indication of a top as volatility isn't extremely high.
Longed the dip @9810, watching reaction at 10200 if it breaks, I will scale out 33% at 10500, rest at the red boxes.
I will short 11900-11500 heavy on first pass. But i don't think we even get above 11k on first pass.
Don't over lev and manage your risk. Trade gets invalidated if 4h/12h loses 9600.
Longed the dip @9810, watching reaction at 10200 if it breaks, I will scale out 33% at 10500, rest at the red boxes.
I will short 11900-11500 heavy on first pass. But i don't think we even get above 11k on first pass.
Don't over lev and manage your risk. Trade gets invalidated if 4h/12h loses 9600.
Note
Trade still active i scalped some at 10461 this morning. 10600 will be short term resistance but it should float to 10900 sooner or later. I'm expecting btc to top out between 10900 and 11400. Then depending on the reaction we might get another leg up to 11800 over time and 12500 if you are lucky.
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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.