:)

We closed BTC position at 9380.. We said we will aim for lower entry..

Currently BTC dumped to the demand zone.. We will wait for a confirmation and accumulate some..

This trade went superb..
After 9700, it reached 2nd resistance 9810-9900..

Then got stopped out in profit at 9500..

Bid filled at 9360..
Then we closed it at 9380 to rebuy it lower..

All this trade was provided here free..

We can add small bag at Current price 8710 which is demand zone.

#ETH/USD has nearest support at $216

Bounced 1.5%+ from our buy price..

Resistances -
8910-9000
9250-9360 S/R flip
9700-9810
10k psychological
10440-10530 strong short term..

First resistance is done ✅

+2.5%+ from our entry at 8710..

Now you can move your Stop loss at entry..

❤️

As first resistance 8910-9000 is done and it was rejected very quickly, we have decided to close our position now at 8800 in profit..

There is possibility of lower price.. So we will aim for it or for a breakout price..

Buy some BTC at CP 8890 around..

Resistance will be updates later..

Reason - 4H closed above demand zone

BTC CME gap is not yet fully filled..

Gap is still there at 8500 zone..

While support is 8370-8460 zone..

BTC may attempt filling gap and testing in support zone before heading up..

7990-8080 is new short term strong support which can be hold..

Current Fundamentals like Corona virus are playing negative role in overall world market.. Stock market is also going down a lot.. Gold made good spike but looking for going down again..

Overall world market is fundamentally bearish..

So trade safe.. Never invest all in one.. Keep patience till reversal..

BTC dominance is having good resistance at 66.40% as per tradingview..

69.07% is still making deciding resistance zone.. It has played important roles recently.. Chances of 69.07% are less..

Fundamentals should be good in upcoming days hopefully..

Don't leverage trades until market shows certainty..

Huobi.pro
#RSR/BTC All take-profit targets achieved 😎
Profit: 151.1628% 📈
Period: 15 Days 12 Hours 31 Minutes ⏰

#RSR #COTI were few of our hidden Gems.. We missed to give #COTI re-entry but caught #RSR at great dump..

Okex has also suspended Futures and Option Trading 👀

BitMEX
#ETH/USD Take-Profit target 1 ✅
Profit: 8.998% 📈
Period: 2 Hours 40 Minutes ⏰

BTC CME gap filled ✅

As predicted in 4th paragraph , BTC attempted and filled CME gap , also Tested EXACTLY $8445 means $8370-8460 support zone and then Shoot up .. That's how analysis works..

Please join our Results channel..

Showering of profits :)

BTC update -

BTC respected our support zone 8370-8460 exactly and made a move upwards..

We are still holding our position of 8800 zone..

The reason why we didn't add some BTC at our support level (Our support and resistance levels have worked accurately most of times) is - Fundamentals like Corona virus.. Else we would have bought it there are per our technicals.. So we can still average if it reaches there and fundamentally looks good..

Currently no changes in our position, it's in small profit but we will hold it..

Resistance is
8910-9000 weak (needs a proper breakout from here for reversal)
9250-9360
9700-9810
10440-10530

Currently in resistance zone.. It can break it.. If not, then also hold the current position till next update of close, take profit or average..

Great news coming up from India..

Supreme Court of India lifted the ban which was put by RBI on banks dealing with Cryptocurrency..

I don't change my bias every second or minute or hour.. because changing bias again and again will create confusion in traders and they can lose small amount or may be more in doing that because of missing as per timezone..
Also changing Bias again and again is like you are not confident in what you are doing..

I am not 100% confident in any of trades.. But I give recommendation only when I am 90%+ confident so that we may not be needed to change our bias..

Also for Spot trading - I DON'T PREFER SHORTER TIMEFRAMES .. my strategy is totally different from many..

I make a plan which will last for a week or more.. so that no one will get confused and miss the sudden changes of bias..

But but but , if something change is must to be done at that moment then only I give a quick update to close/change bias and update it..

You can use stop loss at our entry..

We are 3% higher..

Entry was around 8890 zone.. it was dipped to 8270-8360 support.. But I didn't change my bias..

Our support worked perfectly..

Holding the position.. I want my 2nd Mid term Target to be hit.. just like when BTC pumped from exactly our Mid term reversal support (6120-6300) and did 8280 as our first target..