TraderE9

BTC LONG

Long
TraderE9 Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Following up from the last entry (see below) Had a sharp move down eliminating traders... trying to catch another move up here.
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swept bottom of the range
Comment:
After lower range swept, entries have been deployed, retest of previous wick high, turning support, fibb Retrace zone: 70.5-78.6, Retest of VWAP (Binance chart), Double bottom, Lower timeframe range swept. Fibb expansion would take BTC to 25k.
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sweeping liquidity all day!
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4hr OVERWATCH divergence right on resistance turned support.
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Double bottom on the 233:
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clean PA attacking upper order blocks trying to reach upper area of range.
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Better to be early than to be late! BOOM! 80% profits taken, Coin margined closed fiat positions still running.
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Reaching to the upside here... OVERWATCH printing warnings on the 34m, Trendmaster has switched back to upside, will look to add more long entries on retest on the trendmaster levels. Good trade.
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Zooming out a little, 4hr PA was bang on, double bottom / accumulation on the previous peak / resistance turned support, OVERWATCH divergence print, Fibb retracement AND VWAP touch (Private VWAP with special anchor points) Two scenarios im awaiting to play out, Reaching previous local peak, watching PA when we are there to determine if we melt down (forming a head and shoulders pattern (many traders will be exiting here and shorters entering, which could lead to short squeeze (if enough chumps enter short that is) and push into the upper VWAPs or even top yellow box which is fibb targets.
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12hr OVERWATCH switching to upside, could see some explosive moves to the upside if sustains this level...
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Explosion inbound!!!! Nearing 24k!!!
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Flying past first 4hr target... direct into upper orderblock for previous peak! This could get crazy!!!!!
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Second target hit... Thanks for playing!
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pinpoint accuracy!
Trade closed: target reached

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