one-two

Bear and bull scenarios, with 9k-9.5k being areas of interest.

one-two Updated   
BITMEX:XBTUSD.P   Bitcoin
If this is legitimate bull run , 9.5k should fall - If not , 9.5 will hold. very simple. All the best guys, This is getting harder to trade.
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bear scenario in red, bull in green.
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Could be the top. Lets see.
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hmm trend not quite over ? Very hard to say atm.
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Right in the middle of the 2 old price ranges - Waiting to see if price is accepted into the 9450 range once again. No biases atm - so neutral.
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Oh lawd the trendline of peace and prosperity still not broken.

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Oh boy!

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Not 100% bull yet, Weekly close too nearby - i am waiting for weekly close before flipping my bias. I will be honest, i dont have balls to go long at these levels.
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time to pay attention!

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short manage position based on weeky close..as usual gonna b managing this position based on lower tf, will let u guys know if i exit the short.
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The red lines are crucial areas. Any hesitancy to break these lines would indicate trouble for bears.
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the red lines being ~9200 and ~9k needs to break convincingly..Till then watch charts closely.
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out for now
Order cancelled
Trade active:
9450 level to be watched. Miserable weekend Price action incoming.
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head and shoulders of piss and prosperity.

Order cancelled:

Notice the wicks. I need to see one nice wick that stops out every dirty bear - till then i am not seeing entry signals even on low tf setups.

Just waitng for right signs from market, a lower more accurate entry is better for me personally.
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For the more risk taking person - the setup here is shorting near 9450 and waiting to see whether it gets broken before taking it off.
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told ya weekend price action is toxic.


Im out of all positions atm.
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need to break below the red box convincingly for me to be bearish again..Till then neutral.
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re entered short. invalidation on 4h or daily closing above 9500.
Trade active
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Nice darth maul, also stops hunted at 9640 sweet.

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bearish bias only as long as ~9450-9500 holds as resistance, clean break would be neutral.
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Important area. big support level.
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taking some profits off near 9k is not a bad idea imo. Wait and see if it breaks on daily before re-shorting.
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still short from 9.4k area...as i said 8.9 offers very strong support - lose 8.9 and this is headed much lower.
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Very close to entering the old range again. Careful bears!
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im out for now. Will re-enter once 9k breaks for now this might go up.
Trade closed: stop reached:
Done. Waiting for 9k break next before continuing short idea.
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