Scale out of longs for profit taking here.
-Amazing move to the upside, but bitcoin is looking exhausted up here and overextended.
-CME Gap still possible to get filled.
-Depending on the close of the 4h candle possibly have bearish div.
-Overbought on every time frame.
-Don't get caught holding bags here on swift profit taking. IE: Moves back in may 9.4k to 8.4k, 10k to 8k, and 10.4k to 9.1k. They love to stop/liquidate hunt right after explosive moves.
Entry: 108xx-109xx
TP: 97xx-101xx
SL: 11050
GL, this is purely speculative discussion not meant to be taken as fact or basis for your personal trades.
-CME Gap still possible to get filled.
-Depending on the close of the 4h candle possibly have bearish div.
-Overbought on every time frame.
-Don't get caught holding bags here on swift profit taking. IE: Moves back in may 9.4k to 8.4k, 10k to 8k, and 10.4k to 9.1k. They love to stop/liquidate hunt right after explosive moves.
Entry: 108xx-109xx
TP: 97xx-101xx
SL: 11050
GL, this is purely speculative discussion not meant to be taken as fact or basis for your personal trades.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.