CPH Updates
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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.
Let me share BTC chart soon with full explanation
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 see some buying pressure now. Hopefully bulls can push it up.
If any of next few (2-3) 15 mins candle closes below $46550, we will go down, else, up up and away!
BTC current price - $46900
I see some buying happening between $46600-$47250. Positions are being accumulated. Are Bulls back in business? Will keep an eye for more data.
I am just worried about this inflow data, Need to investigate more on this, Like kahan gaye yeh BTC....
CPH Updates
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.
Bears are trying to enter Bull's control area. Bulls must defend!
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!
It can take off from where it is right now, but I will personally wait.
The way market looks right now, we don't have a good long trade for BTC, except maybe some scalping long with strict SL.
Something like this - https://www.tradingview.com/x/hnZ2fwmh Chalo. I am off to bed now. Will talk tomorrow 😊 🙏🏼
Mast Long Scalp in less than 30 mins. Ab sahi wala Good Night 😉 https://www.tradingview.com/x/0Q5eI5Ym