Bitcoin / TetherUS
Singkat
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Hello My Dark Passenger...

This is a risky one, so please manage your risk accodringlyi0 I think it worth a try.

I believe we're on top of a distribution, so a retest of UTAD looks best for an entry. Multiple orders added into red box.


Nota
Locked some profits :
syot kilat
Nota
hedgin with a tiny long here, big short remains open btw :
syot kilat
Nota
still not looking good, closing the hedge :
syot kilat
Nota
lets see if we can have a mini hedge this time :

syot kilat
Nota
lets add another 3 R here =) closed the hedge long:
syot kilat
Nota
I hold my main short position, but I think we should watch this range for a while. This 1 hr range might be our accumulation zone :
syot kilat
Nota
We possibly go back into the range. this is a key level, and I'll explain this on detail later :
syot kilat
Nota
for the first half of the week, we might see a weak DXY and stron BTC, but on daily, the market structure is break with a LL, and pullback of this move will be a decision point. are we goin to see a multiple top formed distribution or a regular one ? Lets see :
syot kilat
Nota
decision point bounce or die :
syot kilat
Nota
so here's another decision point. to call this as a reversal we should gain the green box above:
syot kilat
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this definetely wants to go higher, so I close my position now for a better entry and less cost

Penafian