This trade was during the Iran war. Markets were dumping in general.
However BTC and HYPE were holding ground. HYPE platform revenue was down 30%.
Price wicked up & took stops. Failed to close above most recent high.
Price rejected strongly following day signalling failed breakout.
Bled out for a few days. Then retested resistance and closed above 39.5.
Then following day close on good vol, doji signals failed reclaim attempt and general weakness for bulls.
Now looking for a daily close below 39.5 to signal continued bearish momentum.
I will be looking for a 4hr entry trigger. This will be:
-Close below 39.5
-Break of recent 4hr low
-My stop will be the recent doji high
-Target sub 32. Slice 25% at 35.
However BTC and HYPE were holding ground. HYPE platform revenue was down 30%.
Price wicked up & took stops. Failed to close above most recent high.
Price rejected strongly following day signalling failed breakout.
Bled out for a few days. Then retested resistance and closed above 39.5.
Then following day close on good vol, doji signals failed reclaim attempt and general weakness for bulls.
Now looking for a daily close below 39.5 to signal continued bearish momentum.
I will be looking for a 4hr entry trigger. This will be:
-Close below 39.5
-Break of recent 4hr low
-My stop will be the recent doji high
-Target sub 32. Slice 25% at 35.
Dagangan aktif
Took 50% off at 36. Will add to position if we retest 38.5-39.5
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.