October is historically a bearish month for the stock market, but a supposed bull period for crypto defined by many as Up-tober.
Because bitcoin is more so related to the global markets now than ever, and overly bullish sentiment may give the bears an opportunity to capitalize on liquidity, as well as potential uncertainty leading into the American elections.
This may be the last chance to buy Bitcoin before the real bull market begins. A drop below the previous low of
49K would not only trigger massive fear, but likely many stops that can flush the price straight into the mid 40k zone of liquidity.
In other words, the gap at approx $50 on SBIT may be where liquidity sits, before entirely dumping back down to new lows.
This would be an overall good hedge to my portfolio this month.
Because bitcoin is more so related to the global markets now than ever, and overly bullish sentiment may give the bears an opportunity to capitalize on liquidity, as well as potential uncertainty leading into the American elections.
This may be the last chance to buy Bitcoin before the real bull market begins. A drop below the previous low of
49K would not only trigger massive fear, but likely many stops that can flush the price straight into the mid 40k zone of liquidity. In other words, the gap at approx $50 on SBIT may be where liquidity sits, before entirely dumping back down to new lows.
This would be an overall good hedge to my portfolio this month.
Dagangan aktif
Entry Hit at 31.40Nota
Lets get the reclaim here, and take it back up
Nota
Taking profit at $33 today, stop to break even. Nota
Targets for the trade are the POC marked as the blue line, and then the Value Area High with the orange line on the chart Nota
Taking some more profits as we riseNota
90% closed , letting 10% runDagangan ditutup secara manual
Stopped out the remaining trade. Will be looking for new trades 
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.
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.