Adding a sell limit HYPE 1X = 7% risk - Note that we might well experiment a capitulation event in the next few weeks for all crypto which would bring the price to that huge liquidation level at $33. So adding a buy order there could also be a good idea for a position trade (many months).
I'll be watching the same level as yesterday for another short. I remain long on alts until then, We should make a macro low today or tomorrow around $57 000 before a big rally to $80 000+ but the STRATEGY company risk is real. Keep that in mind! If we don't bounce at the Golden Pocket it might be the hint that tells us Michael Saylor is in big trouble and we might go visit $40 000.
I should get filled soon to get back into the short. There is still that risk of going much deeper than my tp. I'll watch for the reaction below $60 000 before flipping long.
Major warning. NASDAQ is losing 3% before the open. The timing is perfect for a big drop that will help trigger a massive crypto capitulation move driven by the collapse of STRC, the flagship STRATEGY Stretch Preferred Stock.
$65 200 is probably the level we want to short today but if bulls manage to push it further up, the $68 000 area will become a major reversal point to then target $59 000 to $54 000
Being in the middle of a range and triangle pattern makes it hard to position from here. Even more on the day where the new interest rate decision will be announced. Patience is key! #FOMC#BTC
Big week coming with FOMC Wednesday and NFP Friday. The key level for today is $121 200 where we will look for a sign of weakness before trying to get into a short. #BTCUSD#trading
Bitcoin continues to be very strong but is forming a bearish structure. We think that we are now at a good level try a short with a $112 000 target. Our favorite level to get long will be $103 000. #Bitcoin#Trading
Looking back at the CME futures chart, we see that the gap fill will be very likely today and we might even trigger a move to our green box. #BTC#Trading
$115 00 remains the key level to watch. We will be interested in opening a long especially if we go there with a fast move as retails traders are massively short and we expect a squeeze that will bring us to another ATH. #Bitcoin
Looking at the CME futures chart, yesterday provided us with a great short entry with the most obvious target being the gap around $114 000. We also see a good buy level at $108 500 #Bitcoin#cme2025#trading
The probability of sweeping the $115,000 liquidity level and filling the CME gap this week appears very high. However, if we fail to generate a strong bounce from this zone, a pullback into the broader macro range is the most probable outcome. #Bitcoin#BTCUSD