BTC - Short term long idea

4 Mar 2022

I'm going to take a trede on this supports lines confluence. Despite my bearish view on the monthly, few days ago i've reboght a very little bag of BTC thinking to a possible massive pump due to the huge candle(sigma spike) printed on 1D TF. Well that small long is currently under water and i want to Fix my average price in order to close part of it in break even. If we close under this three lines i'll take the loss.

4 Mar 2022

Not

Got partially filled

4 Mar 2022

Not

Got filled, keeping my eyes open

4 Mar 2022

Not

Very disappointed, we need a V bottom now on LTF

4 Mar 2022

Not

Pretty much what i was talking about. If we go back to this V low i'll close the trade.


I did't expect this weakness at the support, but IMO is still the best place to long. 4H and Daily looks ugly. Waiting the 4h close

5 Mar 2022

Not

Everything got invalidated, i'm starting to scale out the trade.