Not a trade recommendation.... but if I were trading btc I'd swingtrade SHORT 39.8k cover stop 40.1 exit target COVER 31k.
Watch :D
Is there an inverse btc etf?
If China is out bitcoin and crypto are royally fcked near term. China looked at btc, grabbed its crotch and said niehau ma this...
Trading pure price action with tight initial stops <.15, manually tightened during a run up, is working
Only thing I use other than charts is the tape.
It's stressful and pita but it's working
Many thanks, I'm trading much better and profitably today without using volume, because I can see the one minute candles much more clearly since they are expanded. Much appreciated, wish I'd thought of that years ago.
I worked for Ford's electric division ELD back in the early 90s. Great company. They were looking into evs back then, too... battery power was too expensive, sounds like it's still a challenge.
Right....since I use 5 monitors I'll use both. I'm doing a lot more daytrading stocks like CCL and less inverses except on red days. Main indicator is time &sales, which shows high volume block trades
Market makes less than no sense up here with pandemic and valuations. But bubbles can go a long time before crashing. I'll be mostly daytrading.
When a major correction occurs it'll likely be extreme.