Golb

Golb

Need yesterday’s high to hold, if that is lost then we could see a sweep of the highs before a dump. My bias is still short, I’m only looking for short entries above the monthly open. If I get stopped out I will short it it again 40k-40,100k Above 50k is where my bias would flip but for the most part I’m short, expecting a final sweep of the lows before...

Golb

Missed the swing above the monthly open, as mentioned in my previous BTC post I’m short above the monthly open. My stop is just above 40k, first target is the weekly low final target would be the CME gap. There might be one more push higher before the meltdown but at this point I’m seeing an incoming continuation of the move dow, or at the least the formation of...

Golb

Not the ideal setup but the r/r is good. A sweep of the lows at 1.270 if that is lost then 0.75

Golb

I’m happy with how the trade worked out, took 75% profit my final target is very close. I’m on alert for a long now, I’ll be paying attention to 3 areas for signs of a potential reversal but it will depend on how price acts when it gets there. $0.75 $0.65100 $0.60 I would have a limit order at $0.75 but my stop loss would be too big for my liking, I need...

Golb

I’ve got my eye on $0.75, I’m very interested in buying that area but only under the right circumstances. I need price to show clear intent to reverse back to the up side, if not the that previous low (0.65100) is in sight as well. I’m short term neutral and am willing to a trade either side of the market if conditions are right. I know there’s a lot of...

Golb

BTC is currently trapped between this weeks open and the monthly open with the CME gap at 24k looming below. If we lose the weekly open I see no reason BTC doesn’t tap 24k before the next leg higher. The long trigger I would look for below the weekly open, the short trigger above the monthly open. On the daily there is still room to print a lower low,...

Golb

Price finally went to my first target at $0.90 and reacted in a significant way. I no longer have any risk in the trade with my stops at BE. Price might melt a bit further, I will take another 25% off the position if price reaches $0.82 As I mentioned I’m looking for longs around that $0.75 zone I marked out at the beginning of the week but that will depend on...

Golb

Came very close to being stopped out but the trade went in my favour eventually. My stops are now at BE, I’m going to scale off 50% of my position at $0.90 There could be a run on the stops below $0.80 then $0.75 but I’ll deal with that if/when it gets there. I have a broad idea of where price wants to go but would like my information from the charts first....

Golb

Scalp short

Golb

My limit was not triggered $0.80 was low enough for this move. This is the first day of the new month and a new week, it would not make sense to enter a position now. The higher timeframe and the lower at conflicting at the moment, I would like to see price develop a bit more. Depending on how price reacts to $1.35 or $0.75 I will have more clarity. I’m a macro...

Golb

Price was holding above $0.90 but it finally gave way. One of three things could happen from here, a bounce at $0.75, a sweep of the low marked with the green arrow before forming bullish structure. I’m still of the opinion we see a bounce at $0.75, this is based on the market structure I see in the lower timeframe. Price will give a better indication once it...

Golb

BTC looks ugly from here, this move down might still have legs. The parabolic move up left a lot of inefficiencies lower in the market, pools of liquidity that could be revisited before the continuation. My first zone of interest is 24k and at 12-10k zone. There has been no indication of this move being over, there could be shorting opportunities all the way...

Golb

Limit at $0.75 stop below the previous low

Golb

As I mentioned in my previous post I was interested in $0.75, price seems to be reacting to the level very nicely. A structure break has occurred on the lower timeframes, this could possibly be the beginning of the next leg higher. I would like to see a dip back down to the $0.70-$0.75 and use last weeks high as invalidation. There is a possibility that the move...

Golb

It’s been a while since I posted. I couldn’t have chosen a better time to jump back in to the charts. There has been a very large correction that has brought fear in to the market, but fear only comes if you’re unprepared or over leveraged. Price structure is still clearly bullish, I see this as an opportunity to increase spot holdings for a higher push. I’m...

Golb

That spake in your that $0.18 zone has got me curious about buying again. I would like to see a little more PA develop before a plan can come together. Above $0.30 wouldn’t be a bad place to buy if the correct signal doesn’t show itself here. This level is quite crucial in my view, it must hold or there will be more downside. If nothing else XRP has given a...

Golb

The entry was clean enough, stops to break even and let things play themselves out. Yet another example of proving how accurate it can be.

Golb

You don’t have to enter every trade you see. Sometimes the confirmation of levels market out in the past is enough. I would like to see a close back below last weeks high to further reinforce my short bias. I’m not in this trade but a correction is due, a few small losses here and there pale in comparison to the possible profitability of this short. Losses...