Bitcoin Price Action & Trade Updates
#crypto #bitcoin #bearmarket #altcoins #trading
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 took 100% 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
You can view all my trade data by clicking into my spreadsheet below:
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 (see above). 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 (see below).
Stay tuned and I will try to put out a video update on Monday.
Best,
Stew
