100 trades crypto series
Starting date: 9/August/2021
Day 4
Starting capital: $500
Capital at present: $583
Trade nr. 15
(all trading ideas in the series with commentary and outcome can be found on my profile)
As bitcoin sentiment turned a little bit to the bearish side all my today's trades were SHORT.
Also I was luck enough to catch the BTC market cap dominance rising in a short term which was also a good indicator that alts will bleed.
BEARISH VIEW:
-Possible H&S formation - HH and then LH trend reversal
-On a HTF, price is in excess, above fair value.
(Fair value - pink zone).
Took profit at fair value's upper line (acts as support).
Starting date: 9/August/2021
Day 4
Starting capital: $500
Capital at present: $583
Trade nr. 15
(all trading ideas in the series with commentary and outcome can be found on my profile)
As bitcoin sentiment turned a little bit to the bearish side all my today's trades were SHORT.
Also I was luck enough to catch the BTC market cap dominance rising in a short term which was also a good indicator that alts will bleed.
BEARISH VIEW:
-Possible H&S formation - HH and then LH trend reversal
-On a HTF, price is in excess, above fair value.
(Fair value - pink zone).
Took profit at fair value's upper line (acts as support).
Trade closed: target reached:
Profit 25$
Today was a good day profit wise. From $583 to $712 in 7 hours of trading.
Today was a good day profit wise. From $583 to $712 in 7 hours of trading.
Comment:
5/5 trades in profit