PUMP IT!

23 февр. 2023 г.

BTCUSDTPERP is a higly speculative crypto

The price moved down to a key support level and on the 15 min time frame we got a bullish engulfing candlestick. This is where I entered a trade with 10x leverage. I think the price will move up to the next key resistance level.

23 февр. 2023 г.

Заметка

Stop loss is now basically at break even. A little bit above

23 февр. 2023 г.

Заметка

A small decending triangel has taken place. This is not what we want to see in an uptrend

23 февр. 2023 г.

Заметка

Looking for a new entry down in the support zone

23 февр. 2023 г.

Заметка

The decending triangel got completely invalidated and I entered a new trade at the breakout of the downwardsloping resistance line. The position almost got rekt but now we have a bullish hammer on the hourly candlestick indicating that the trend is about to change and shoot up. Im holding the position further

23 февр. 2023 г.

Заметка

Remember the rule to not trade in the middle, I should have stuck to the original plan and I would have the potential to make twice the ammount. The people that trade in the middle get rekt

23 февр. 2023 г.

Заметка

I have also moved the tp to around 20% gains, I like to play it safe and there is also a resistance line there: the last seen top with the prominent breakdown

23 февр. 2023 г.

Заметка

I would not have made twice the ammount, that was a wrong statement

23 февр. 2023 г.

Заметка

Now the price is retracing and will most likely make a lower high. On the hourly time frame we did get a indecisive candlestick, which is indicating a change in trend (bearish) but I still believe we will make that lower high since that is the trend

23 февр. 2023 г.

Заметка

Higher low*

23 февр. 2023 г.

Заметка

Now the price has hit the micro supply zone. What we would like to see is for the price to make a prominent candlestick out of the zone

23 февр. 2023 г.

Заметка

Demand zone*

23 февр. 2023 г.

Заметка

Now we have gotten a bullish engulfing candlestick on the 15min timeframe and this is going out from the demand zone (support) indicating that the higher low is set and that the price is ready to pump.

23 февр. 2023 г.

Заметка

And on the hourly timeframe we did get a candlestick with a very bit wick which is indicating that the sellers is losing momentum and a change in trend is very likely. We are going to pump!

23 февр. 2023 г.

Заметка

Big*

24 февр. 2023 г.

Заметка

I think I can stick to the macro trend so I moved the tp back to the original place. Depending on how the price acts at the micro resistance I will trade on it

24 февр. 2023 г.

Заметка

Bullish engulfing on the hourly. The price will pump

24 февр. 2023 г.

Заметка

The candlestick was not prominent enough for a rapid increase in price. But I am still long

24 февр. 2023 г.

Заметка

As we can see on the daily timeframe we did get small candlesticks with long wicks indicating that sellers are losing momentum and that the trend is about to change. Remember that the bigger the timeframe is the more significant it is.

24 февр. 2023 г.

Заметка

Bullish hammer has formed on the hourly

24 февр. 2023 г.

Заметка

I will make a new post on btcusd to see if more people will react

25 февр. 2023 г.

Заметка

Since the price broke a key support level I am now in a short position