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Expecting Volatility in BTCUSD when Markets Open
Bitcoin
Expecting Volatility in BTCUSD when Markets Open
Por CarlsonCryptoTrading
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26 de abr. de 2020
5
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26 de abr. de 2020
We have now set a new range for local top and bottom after the pennant formation we had formed before (Btw that volatility!)
This is my play (I have stopped assuming bearish or bullish movements as on the 1 hour time frame it is choppy as SH**.):
When the stock market opens in the US BTCUSD will follow as I still am getting a high correlation between
DJI
and
BTCUSD
.
Will set buy and sell orders above and below these bounds and they are:
BUY: 7733.5 (SL: 7605) (TPMax: 8000)
SELL: 7470.5 (SL: 7605) (TPMax: 7200)
We will see what happens in 14 hours.
Side thought: I will keep on this strategy until we see an uncoupling of the two assets.
Chart Patterns
CarlsonCryptoTrading
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