Hello guys, I'm trading BTC now on bitmex, no ALTS as I've decided to hodl my portfolio just for the fun of it for one year to see what happens (I cuurrently have BCH, IOT, STR, BTS in alts)
BTC is moving south, but within the Value area of current consolidation:
Tomorrow is friday, worst day for BTC statistically, in the context of downtrend i would suggest to at least wait it out.
1H TF is in downtrend below weekly VWAP and moving south, next logical stop is 12K:
Intraday we didn't see any directional moves today, VWAP is flat, currently big volumes on 5M candles, however in the context of current higher TF trend i would suggest to wait for a pullback to VWAP at 13600 and look for shorts there:
The good short i missed was around 13800-13600 now.
BTC is moving south, but within the Value area of current consolidation:
Tomorrow is friday, worst day for BTC statistically, in the context of downtrend i would suggest to at least wait it out.
1H TF is in downtrend below weekly VWAP and moving south, next logical stop is 12K:
Intraday we didn't see any directional moves today, VWAP is flat, currently big volumes on 5M candles, however in the context of current higher TF trend i would suggest to wait for a pullback to VWAP at 13600 and look for shorts there:
The good short i missed was around 13800-13600 now.