$BTC
New plan.
OBV is not showing the strength I want to see from the market.
It's highly possible that we form the top between 72300 ~ 73000.
First target for the short setup is around 69000. If it fails to stay above 69000, next support is 67600.
$BTC
Funding is turning negative while OI is increasing, shorts appear to be getting aggressive. However, OBV and CVD indicate spot market participants want higher prices.
There is a big liquidity cluster around 72,200 and a significant sell wall in the order book around 72,000.
“The larger your position, the more risk and emotional stress you will endure. Make sure to size properly and understand that you are unlikely to nail the exact top or bottom.”
$BTC
New plan.
OBV is not showing the strength I want to see from the market.
It's highly possible that we form the top between 72300 ~ 73000.
First target for the short setup is around 69000. If it fails to stay above 69000, next support is 67600.
$BTC
It's breaking down from the channel. The market is short-term bullish in my opinion and has the potential to reach the 71,000 ~ 73,000 levels soon. If so, the first area to long after retrace is 68,300, which if lost, would make the next one around 67,000.
First time you get rich you blow it all. No discipline, no plan, just ego and impulse. That's not wealth, that's a lesson disguised as a bank account.
Second time you build it slow, protect it, invest it. The money hits different when you've already watched it all disappear.
$BTC
As planned, 65700 ~ 66000 was a really good entry for long. I didn’t enter fully at 65700, and as the price rose and confirmed the bottom, I gradually increased my size at upper levels up to 66600.
Booked the profit and currently looking for a new plan.
$BTC
OBV on the 4H is still very bearish with no signs of reversal on the chart.
BTC is stuck under the top of the channel and below a low-timeframe resistance.
I expect a better long entry around 65,700 ~ 65,000.
Let's see.
$BTC
OBV on the 4H is still very bearish with no signs of reversal on the chart.
BTC is stuck under the top of the channel and below a low-timeframe resistance.
I expect a better long entry around 65,700 ~ 65,000.
Let's see.