XBT/USD Unfinished Auction target 5952 Hi traders .
Opening short position here . target 5952 . Play based on Unfinished auctions that we have going on . I will be watching Auction 1 first and see how we will deal with this , If we don't close all and bounce strong from that zone I will add more short positions .
Hope you staying healthy and going good . .
If you don't know what Unfinished auctions are check out my previous charts .
See you next time.
Unfinished
Bitcoin / USDT 7950 pullback Hi traders .
We finally have bitcoin pumping a little but don't get to exited . We will come back to the area on the chart . Why ? well its where auction sits and we will have to solve this one . If you follow you know my strategy and you also know that it never failed . My first entry its on the chart you know that I trade 100X You probably think I'm crazy but I have confidence in my plays because I use Institutional tools . For now I have small short position at 8350. If we go higher I will add more positions and they will be bigger . Its very possible that herd will get on this and push price even to 8800 there for I'm couscous . On other note Happy 2020 and lest get some profitable trades this year . My trades are BTC for BTC so lets add some satoshi's ;) to the basket this year .
BTC short play based on old good indicator .Hi traders .
If you follow you know that I like to use different methods on trading but lets start witch classic support resistance areas and as I posted on my last chart (link bellow ) we did stop there and found support area, With that being said we will return to this level and that is suggested by Unfinished auction that we have going on smaller time frame . If you are familiar with this in my previous plays you will know that that doesn't fail . Yes i made Smal mistake and getting entry on my last short play that cost me a lot but I analyzed my play and made changes to my strategies. I did walk away from trading for some time and enjoyed the world a little . I will be entering small short positions on this play and I started at 7250. Reason being because fomo crew can take this out of control like last Time . You know I trade 100x so my position are way smaller just to get my feet wet again and build confidence .. My target its on there 6850.
Bitcoin / Trade like institution not like retail Hello Traders .
I'm posting this to inform you of one and only indicator witch is Unfinished Auction .
Not many platform have that tool and if they do you have to sigh in and pay for this information with many others .
I have nothing against classical charting but some tools that are provided to the professionals work the best and they are not available to average JOE....
In my previous post I warned you not to FOMO and as you can see we did came back down but we did no hit the level I'm looking for . We are still in same situation but this time we didn't pump as high as last time from same level .
I know that you can use different strategies and many indicators out there to predict the direction of the asset and there is nothing wrong with this .
I want to share with you and inform you about one indicator that its the best in my portfolio of indicators and it never fails . I have tested at least hundred of indicators out there and strategies . But I always wanted to know more and educate myself by continuously reading and looking for more tools and listening to big traders on how they do and became successful. I'm taking trading very serious in my life at this point and Im planing on living from it and invest my gains in different assets mainly Gold related I already have couple of gold mines and I'm looking on more in order to have smooth retirement. I don't trust anyone and don't follow anyones trades . I do look on their calls and compare them with my strategy that is all . . . ( I have bean in trading rooms and also in many pump groups in my past history of trading traditional assets and guess what I lost all if my gains eventually . Same as people that I followed some strategy with out having knowledge on what I'm doing and why I enter the trade I just wanted to make easy $ Guess what only lotto will deliver that but you have to play ) With Bitcoin on the market I came back to trading but have totally different approach with it. I have worked hard to become more confident and to be better with my trades and have better comfort when how and why I enter my trades .
If you don't know what Unfinished Auctions are their is probably reason behind it please educate yourself on it and maybe it will change your approach to trading in general . Yes I have bean short since this morning and have bean adding more small positions on it because auction its NOT FINISHED . If you follow you know that I trade 100X so taking and closing some of them here and there its just my strategy I have and i like to lock on my profits . Greed will take it all one day and its worst enemy to traders IMO .
Feel free to share your opinion . Working together and sharing opinions makes us only better .