To be frank, I expect this to melt down. If Bitcoin breaks it's lows and heads towards the next large support zone around 50k, This should melt down. Targetting the 50dma (green dashed line) surrounded by those green vpoc zones, and even further. Sweep the lows baby.
BUT, to play both sides, we are showing clear strength by holding this support while the broader market pulls back.
IF we see a bounce in the broader market soon, and JTO here does not melt down from monthly vwap before that bounce occurs, it could be a setup for a huge move to the upside.
BUT, to play both sides, we are showing clear strength by holding this support while the broader market pulls back.
IF we see a bounce in the broader market soon, and JTO here does not melt down from monthly vwap before that bounce occurs, it could be a setup for a huge move to the upside.
Operación activa
Slow grind lower but it is attempting to make a push towards the 20dma. Bitcoin still sideways, with several failed breakouts. If bitcoin follows through on those failed breakouts, it will melt down, and JTO will melt down even more.Operación cerrada manualmente
Trailing stop hit me out over the weekend as we had a killer news cycle hit. Let's see how the market soaks everything up this week. If the peace deal gets cancelled or a continuation trade can be taken.
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Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.