Bitcoin Price Action & Trade Updates

2023년 9월 1일

Traders,

My followers know that during the last price pump by BTC to the 200 day moving avg., I took 50% off ALL trades, altcoins included. I then moved all my stops up to just above breakeven. I have been out of the office since Wed. and came back to notice that some of these stop limits have been triggered.

XRP at .50
ETH at $1638
BTC at 26403
LTC at 65
SAND at .33

And my followers know that I took100% off on my JOE trade with 35% profit on that trade. Congrats to all who followed me in that trade!

My remaining trades are APE, just because I never sold when I was actually in profit and thus I am waiting for either the original target or SL to be triggered.

I am also in COMP with a SL of $30

This is not financial advice. Just showing you all what I am doing here.

Now, as far as TA goes on BTC, you will notice we are back down to my original Inverse H&S neckline at 25,200. If this breaks, we have support just below that from Dec. '21. However, breaking both of those would be trouble and I would then anticipate our March 23 BTC CME futures gap to be filled at around 20k

https://www.tradingview.com/x/abFl1oq4/

Stay tuned and I will try to put out a video update on Monday.

Best,
Stew