Lagta hai market mere sysetm se hatne ka hi wait kar rahi thi.. Koi na, we miss soem trades some time.
Still back and forth with hospital appointments, but today I will share some charts and data
BAKE CHART - https://www.tradingview.com/x/dqJqQDtd/ I am more inclined towards shorts than long, so will wait for double confirmation before any longs.
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Just to give you an idea, as of right now institutional players are shorting or selling. One of my short trade is open from $48800 and I won't long before I see major players coming in. I will try to keep you all updated here as much as I can.
I am waiting to see how BTC price reacts to this area - https://www.tradingview.com/x/CIV173Nl
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If any of next few (2-3) 15 mins candle closes below $46550, we will go down, else, up up and away!
I see some buying happening between $46600-$47250. Positions are being accumulated. Are Bulls back in business? Will keep an eye for more data.
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If any of next few (2-3) 15 mins candle closes below $46550, we will go down, else, up up and away!
$46550 is still an imp area no matter how long this consolidation goes for. Good thing is that bull maintained price above $46600. We will now change TF to 30 mins instead of 15. As I said earlier, I still see buying in $46600-$47250 and thats a good sign for now.
Just FYI -> Bulls Control Zone $46250-$46550 and this has to be defended, else.....
I will keep an eye on XMR for any long position. Let me review the chart and share if I can find any good opportunity!
For XMR, I will keep an eye on this area - https://www.tradingview.com/x/bkiaB9E1/
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The way market looks right now, we don't have a good long trade for BTC, except maybe some scalping long with strict SL.