buy stop above Friday's high. Stop on a close below the 20sma. 12.83 target.
$CYTK swing
I'll be covering some BTC on a pump above $10600. Will then sit on remaining spot and wait for clarity from there.
Will be adding spot on acceptance above $9000. Resting order at $7891 breakout retest.
What is Coke $KO trying to say? It's one of the first blue-chippers to take a stab below the trend line looking to take out the clean lows from the last month. If turns out that's just a spring for higher we could see upwards of.... ahh, never mind. Demand destruction. For every one 1%er there's a million people that are screwed. Odds are retest of the lows. At a...
Of course anything can happen, but Chainlink is putting in a damn good effort of building up a parabola. Once it's obvious that bitcoin is in a bull market, I think it's a very good chance that LINK (among some others) sees a classical parabobla. I'll be trying to hop on any pullback. If it does moon, I'll trim some as it keeps pushing to new nosebleed levels....
1. If hourly trend line breaks will be hawking the tape closely to spot a tussle at retest of trend line for a intraday short. 2. Next level to look for intraday scalp short would be a failure and retest at 2700 area. My futures daytrade scalps only last a few minutes as I am in move to move. All in at inflection point. All out at first sign of volume delta shift.
On my toes here planning for both eventualities. Have spot buy orders layered below at higher time frame swing points. Letting most of my spot be. Not looking to scalp a long if I see a tussle on the tape at the inflection point. Will wait to see if it can accept above 7900 before I attempt a long swing with my idle cash looking for a target of the liquidity just...
With my trading stack (NOT HODL stack) I've been sitting in cash the last few weeks and have been expecting another flush lower. Upon opening charts this morning I can't deny the bullish structure of the overnight action. Long spot with trading stack in case it wants to pump. If it wants to moon then even better. Let's go!
Wide red candle in the last hour breaking below the mid-range. If 4hr closes below sentiment will get increasingly bearish and increase a likelihood of sweeping the 5700 area lows. No surprises with bitcoin price action. Can see anything happening. My trading stack is in cash atm. Have resting orders at 5650 and below anticipating one last flush before we moon...
Not that this couldn't break down but there's nothing about this chart that looks bearish to me. Uptrend. Bull flag above mid-range.
Too much acceptance above mid-ranges for me to remain bearish. Long here with trading stack. See what we get.
Yeeesh. If price accepts below $21 (blast zone) look out below. Doubtful the Fed would be able to prop up the high yield corporate bond market if that happens.
Fed announcement gives short-term $BTC bitcoin bulls some hopium. Pump currently stalled at 6350 mid-range. If price can accept above that level then sweep of 7k level comes into play. If mid-range fails then bearish bias is still in force. I'm not trading futures on leverage atm... just spot. Trading portion of spot stack will remain in cash for the time being....
If price accepts below $6k support look out below. Price needs to accept above $7k for me to get bullish. Don't fret though spot bulls. I think a move down to where there's no doubt a ton of liquidity would set the table for our moonshot to new high's.
If price accepts >6350 could see a pump into low 7's HTF resistance. Would look for a short setup on a failure of sweep above 7k. If price accepts <6350 bias remains bearish. Would need to see some productive price action above 7k to get bullish. IMO will be tough as weak as other risk assets are right now. Bias for now is we get another flush lower in next week...
If price can't accept above mid-range 25 area then lows become more likely than not. Will be looking for short setups on failures of this area.
sweep of range high. Back in to range. Short target mid-range. 4.3reward