With CME futures will be active soon in market i will be waiting for Bitcoin to short for little time and test its Re-Buy Levels Between 11.700 - 9000 and will go long again for 20-25k levels.
Unstability of BitCoin in CME will hurt everybody.Wait till bloodbath ends.
This one still active in play.Long-term Aim as i said 25K GANN analysis still in play
Note
Quick update about our trade. -We bought BTC at Fib & Gann levels intersection in main supporty area. +Ride it till $17200 -We saw that it formed Bearish Gartley formation. We shorted from there. Closed Half of our position in TP 1 other half in TP2 (For my self i got stopped out at 14500)
So far so good.
Made more than %30 from going long in BTC and shorting again made %30 or more+...
This chart is my main chart for BTC. I would go long with Stop Loss.
MY second buying area would be close 8800 -9000
Never be too greedy.Take your profits and set your STOP LOSS levels.
Note
Be on Alert. If you fell uncomfortable with your positions close them.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.