S&P500 – prepare for long!

As you know I am Bitcoin trader, don’t use the traditional markets, but the SPX affects the cryptomarkets and we have to consider the potential moves there.

Bitcoin – where to take profit?

As you know, 2 days ago I bought Bitcoin at the price $37800 according to the strongest buy signal on the 4h, the entry point was found at the 1h timeframe to reduce risk and increase the potential profit.

Bitcoin – when 30k?

Why I did it? First of all the risk to reward was even more than 1 : 4 and I saw the difficulties for the further growth (according to volume analysis). Now we can see the sharp dump.

Bitcoin – huge move soon!

Bitcoin is in the boring consolidation last couple of days, but it can give us the sufficient piece of information what is going to be next.

Bitcoin – shorts was liquidated!

Let’s take a look at this candle with the long wick. For me it is obviously was the way to liquidate the margin positions of the short traders.