If there's any chance of a turnaround, it has to be from these levels.
If the price breaks below $1, I’ll consider opening a short position targeting the most recent low of $0.80.
However, the overall picture looks more promising, so I’m looking to go long between $1 and $1.08 as the first play. If this level fails, I’ll switch to a short position, especially if
BTC falls below $56k.
I’d also welcome a period of consolidation above $1 to reestablish this level before aiming for new highs.
To simplify:
- Bullish bids above $1
- Bearish sells below $1 :)
If the price breaks below $1, I’ll consider opening a short position targeting the most recent low of $0.80.
However, the overall picture looks more promising, so I’m looking to go long between $1 and $1.08 as the first play. If this level fails, I’ll switch to a short position, especially if
I’d also welcome a period of consolidation above $1 to reestablish this level before aiming for new highs.
To simplify:
- Bullish bids above $1
- Bearish sells below $1 :)
Zlecenie aktywne
Let’s go!It looks rough, but it's all part of the plan.
Execute now or face the consequences later.
Or
Experience even more frustration once you get stopped out :)
Uwaga
Nothing has changed. I'm still in the trade, waiting for it to reach the target.
The positive aspect of the current price action is that it remains above 1.10, and I expect it to stay above this level until the US jobs data is released on September 6th.
September will be crucial for the market, so be prepared.
___________________________
I haven't re-entered or added anything since taking the initial profits. The trade is progressing more slowly than the previous impulse, so there's no need to complicate things further when our entry was spot on.
Zlecenie aktywne
Taking this small scalp here.I was waiting for the retrace into the monthly and macro support. It should hold and move from here, or the market is wrong.
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Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.