Bullish Scenario
'Corn' already broke out on hourly and looks good for breaking the 11.3k resistance, this can be a risky trade however if someone is going long here Target 1 should be 11.3k and Target 2: 11.7k
I am expecting a dip once it hits 11.6-11.7k resistance and if the 11.3k or 11k support holds followed by a bounce we might see the biggest breakout we all have been waiting for to end the downtrend on bitcoin
I am already long from 10.8k on bitmex june futures so my thoughts can be biased towards a bullish case lol
Maybe this might happen (4h):
1 day ichi:
Also the 3 day time frame (ichi with MACD is interesting) i.imgur.com/GMtRA7r.png
Overall things look bullish but be cautious, play safe, keep an eye on support and resistance, manage position and risks accordingly.
Good Luck!
I am expecting a dip once it hits 11.6-11.7k resistance and if the 11.3k or 11k support holds followed by a bounce we might see the biggest breakout we all have been waiting for to end the downtrend on bitcoin
I am already long from 10.8k on bitmex june futures so my thoughts can be biased towards a bullish case lol
Maybe this might happen (4h):
1 day ichi:
Also the 3 day time frame (ichi with MACD is interesting) i.imgur.com/GMtRA7r.png
Overall things look bullish but be cautious, play safe, keep an eye on support and resistance, manage position and risks accordingly.
Good Luck!
Nota
Target 1 hitNota
#1 contracts holder on okex getting liquidated twitter.com/BTCVIX/status/969765713752875009
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liquidation are still open twitter.com/whalecalls/status/969770608757264384
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I have already closed 50-60% of my long position at 11600-11690 on bitmex june futures so not worried about this dip and not adding here too because want to play safe and see how things play outNota
Rising wedge breaking here, added more to my long postion, have more bids at 10.7-10.8k level and 10.4-10.5k levelNota
11-11.1k was strong af and breakout againNota
All bigger time frames are looking super bullish, will share charts laterBulls are strong af but this resistance is also not weak either
I see a small bear div on 4h, not sure if that will result in any dip tho
Nota
12h ichi: i.imgur.com/VVZcpV4.png1 day ichi: i.imgur.com/KdSaeEA.png
3 day ichi: i.imgur.com/HraXpSM.png
weekly ichi:
Nota
daily candle doesnt look good, expecting a dipNota
Although it has closed above 0.382 fibNota
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bbands getting squeezed on 4h, also noticed a hidden bull divNota
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bull div got invalidated and bbands were squeezing for this dip. Adding more to my long position with bids from from 10700 to 10900 Have some bids at 10.4-10.5k as well
Will share new idea today or tomorrow
Trade fechado: objetivo atingido
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.