Is up 13% so far today and my short puts are now up at 72%.
It won't be too long before it will be time to buy them back to close the trade and take the premium.
I have overlaid BTC so you can see how early this bounce happened.
It began to bounce before BTC had bottomed. And that was fine because I use limit orders to capture an area.
This trade was in part made possible by having an awareness that Bitcoin would bounce where the high liquidity was as well as work on CLSK chart.
I have linked the Bitcoin thread below where I described the high liquidity area below the orange trading range.
From here I think this is going to be a connective wave that will at some point see some more downside, but looking strong for now 👍.
Not advice
It won't be too long before it will be time to buy them back to close the trade and take the premium.
I have overlaid BTC so you can see how early this bounce happened.
It began to bounce before BTC had bottomed. And that was fine because I use limit orders to capture an area.
This trade was in part made possible by having an awareness that Bitcoin would bounce where the high liquidity was as well as work on CLSK chart.
I have linked the Bitcoin thread below where I described the high liquidity area below the orange trading range.
From here I think this is going to be a connective wave that will at some point see some more downside, but looking strong for now 👍.
Not advice
I'm taking a break from TradingView but you can find me every day in my Telegram Trading Group 🧐
Priority trades, round the clock updates and a 1 hour technical video per week 😼.
$50 per month 👍🏻.
Contact: t.me/dRends35
Priority trades, round the clock updates and a 1 hour technical video per week 😼.
$50 per month 👍🏻.
Contact: t.me/dRends35
From here this will likely trickle or wobble back to Support @ $5.16 👍.