Previously I posted a SHORT Bitcoin chart based off 1 hr TF. For the exact same reasoning I used there I have enetered LONG on $ETH, $DOT, $BTC.
Tight BB squeeze on 1 hr chart but what looked like CMF (Chaikin Money Flow) showing money coming OUT of these assets. But lately over last day these 1 hr candles now show money flowing IN.
I have reversed my positions in $BTC and gone LONG. Similarly, the $ETH and $DOT charts looks the same with even more accumulation.
Ethereum:
Entry @ $2975.64
Polkadot:
Entry @ $20.95
Tight BB squeeze on 1 hr chart but what looked like CMF (Chaikin Money Flow) showing money coming OUT of these assets. But lately over last day these 1 hr candles now show money flowing IN.
I have reversed my positions in $BTC and gone LONG. Similarly, the $ETH and $DOT charts looks the same with even more accumulation.
Ethereum:
Entry @ $2975.64
Polkadot:
Entry @ $20.95
Trade active:
Bitcoin:
Entry LONG @ $41,374
Entry LONG @ $41,374
Trade active:
And we have LIFTOFF. $BTC already broke above $42,200. Now need to hold here and break above $3060 on $ETH which is next level resistance. $DOT also looks similar chart to Ethereum.
Trade closed: target reached:
I hope everyone saw this and traded it as I did. I mentioned in the other thread that the Upside Target Price on BTC was $45500. BTC reached $45519 before selling off....
I have sold everything as I think risk does NOT currently favor the upside. We are still on a Weekly downtrend and that has NOT changed despite the recent bounce that I traded here.
Trade what you see.
I have sold everything as I think risk does NOT currently favor the upside. We are still on a Weekly downtrend and that has NOT changed despite the recent bounce that I traded here.
Trade what you see.
