While holding longs or spot on BTC here is great, it's also a great market for scalping.
People often think that scalping is perfect in ranging conditions, and it is, but having a very clear trending market with decent spot bid like we have now, is even better. You don't have to worry about direction and can keep scalping with trend as long as it works.
In this case, seeing BTC trade with a $100 on Coinbase, consistently, means we can keep that data on the side and keep scalping longs as long as the premium persists.
Finding a strategy that works here isn't hard: we see a lot of ltf s/r flips, quick sweeps with v-reversals, ...
I like the full sweeps and reclaims like this one most, if it lines up with s/r flip, then tp on the first meaningful orderblock.
This is very ltf of course, but it works 9/10 times in this market, so it can be a good additional income next to hodling your stack.
People often think that scalping is perfect in ranging conditions, and it is, but having a very clear trending market with decent spot bid like we have now, is even better. You don't have to worry about direction and can keep scalping with trend as long as it works.
In this case, seeing BTC trade with a $100 on Coinbase, consistently, means we can keep that data on the side and keep scalping longs as long as the premium persists.
Finding a strategy that works here isn't hard: we see a lot of ltf s/r flips, quick sweeps with v-reversals, ...
I like the full sweeps and reclaims like this one most, if it lines up with s/r flip, then tp on the first meaningful orderblock.
This is very ltf of course, but it works 9/10 times in this market, so it can be a good additional income next to hodling your stack.
Tealstreet.io Trade Faster & Trade Easier
Content in partnership with:
twitter.com/mooncakexbt
twitter.com/huskyXBT
Content in partnership with:
twitter.com/mooncakexbt
twitter.com/huskyXBT
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Tealstreet.io Trade Faster & Trade Easier
Content in partnership with:
twitter.com/mooncakexbt
twitter.com/huskyXBT
Content in partnership with:
twitter.com/mooncakexbt
twitter.com/huskyXBT
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.