Reason for trade: BTC is at daily resistance, very good R/R taking a short here, we've seen some good upside with very little pull back recently. Keeping the stop loss tight for invalidation
Stopped out on the BTC trade, still think a pull back is valid but will sit on the side-lines for now. We've had wins of 9% & 4%, and 1 loss of 2% so far 👍🏻
BTC update, we have been grinding higher over the last 24 hours, BTC looks like it wants to break through $25,250 and liquidate a load of shorts, if we break this range looking for a good push towards $27,000. As long as we hold the diagonal trend line (purple) I'm remaining bullish, lose it and we could come back to test the weekly open @ $24,270
Its all about BTC today, not even looking at any alternative coins, expecting a considerable move in either direction. National holiday in US yesterday so should be an impulsive move on US stocks open (14:30 uk time)
High Risk Margin
BTC/USDT
Entry Zone:
DCA in this zone: $24,577-$24,440
Take profit:
Low Risk: $24,840
Medium Risk: $25,250
High Risk: $26,500
Stop Loss: $24,070
Manage leverage and risk
BTC/USDT
Entry Zone:
DCA in this zone: $24,577-$24,440
Take profit:
Low Risk: $24,840
Medium Risk: $25,250
High Risk: $26,500
Stop Loss: $24,070
Manage leverage and risk
Limit got filled and bounced almost to TP1, bit of a rejection from that area so moved SL to break even now to protect capital
BTC update, after we rejected $25,200 again we saw a considerable sell off which rekd bulls, $23,500 is holding as support for now but the longer we hang around here the weaker it gets, need to see an upwards move soon otherwise $22,600 is likely. OP/USDT is looking super strong today and ill be looking to take a trade if we get a nice pull back
High Risk Margin
OP/USDT
Entry Zone:
DCA in this zone: $3.006-$2.978
Take profit:
Low Risk: $3.06
Medium Risk: $3.112
High Risk: $3.177
Moon bag: 3.60
Stop Loss: $2.946
Manage leverage and risk
OP/USDT
Entry Zone:
DCA in this zone: $3.006-$2.978
Take profit:
Low Risk: $3.06
Medium Risk: $3.112
High Risk: $3.177
Moon bag: 3.60
Stop Loss: $2.946
Manage leverage and risk
Will start doing an end of week summary every Friday, this week only saw us enter 1 trade which returned a really healthy 18%, our £100-£500 challenge currently sits @ £131 👊🏻
High Risk Margin
BTC/USDT
Entry Zone:
DCA in this zone: $22,630-$22,360
Take profit:
Low Risk: $22,930
Medium Risk: $23,340
High Risk: $23,600
Stop Loss: $22,210
Manage leverage and risk, personally I never use anything more than 3x leverage
BTC/USDT
Entry Zone:
DCA in this zone: $22,630-$22,360
Take profit:
Low Risk: $22,930
Medium Risk: $23,340
High Risk: $23,600
Stop Loss: $22,210
Manage leverage and risk, personally I never use anything more than 3x leverage
High Risk Margin
BTC/USDT
Entry Zone:
DCA in this zone: $23,450-$23,330
Take profit:
Low Risk: $23,640
Medium Risk: $23,800
High Risk: $24,000
Stop Loss: $23,200
Manage leverage and risk, personally I never use anything more than 3x leverage
BTC/USDT
Entry Zone:
DCA in this zone: $23,450-$23,330
Take profit:
Low Risk: $23,640
Medium Risk: $23,800
High Risk: $24,000
Stop Loss: $23,200
Manage leverage and risk, personally I never use anything more than 3x leverage
All 3 limits taken in 1 swift candle which has swept the lows, we need to see a pretty quick bounce here otherwise our S/L will be in danger
Stop loss moved to break even after price has grinded up overnight, risk free play 👊🏻