Is the crypto winter over?

[semperfrosty]

Flipping short @ 22,366. Probably not the best place to short but we'll see.

View attachment 304403

I must admit,I'd be looking for a bounce right there.Going off the chart.

Seems like a support area.

I probably need to trust the break of these lines more.

 

[schizo]

Wait, there's a similar pattern previously a few hours ago?

View attachment 304404

Yeah that's miniature version of H&S within the larger (yet deformed looking ) H&S that I've pointed out earlier.

 

[schizo]

I must admit,I'd be looking for a bounce right there.Going off the chart.

Seems like a support area.

I probably need to trust the break of these lines more.

It could very well be. I'm feeling pretty neutral at this point.

 

[johnarb]

Closed half of the position @ $22,650 (5 btc perp futures)

My chart flipped bullish, but cutting risks

 

[schizo]

Just added another batch of short, bringing the avg cost to 22,520. Stop and TP are found on the chart.

Still experimenting, but this will surely cost me at least 1 arm.

 

[johnarb]

Closed half of the position @ $22,650 (5 btc perp futures)

My chart flipped bullish, but cutting risks

Had an order to close the last 5 btc perp futures @ $22,800 but only got filled on half, will dump the rest here @ $22,735 (filled)

Looks like loss was around 350 USDT, I'll take it, at one point the loss was over 4,000 USDT m2m

Just proves once again that a horrible risk management (of m2m losses) can be solved by luck. Definitely nfa

 

[semperfrosty]

Just added another batch of short, bringing the avg cost to 22,520. Stop and TP are found on the chart.

Still experimenting, but this will surely cost me at least 1 arm.

View attachment 304418

Short to 22520 then long?

 

[schizo]

Short to 22520 then long?

Yup, it's a real dilemma. I'll tell you once we get there.
I'm actually bullish on BTC, except that I feel there will be a pullback before we shoot higher.

 

[johnarb]

Long 5 btc perp futures @ $22,888 (total of 10, long 5 from last night)

Some bad news on DCG this morning related to GBTC and fraud, I believe that crazy candle was because of it

Traders be careful. I'll probably just close the whole position when my chart stops being bullish

 

[The_Krakenite]

Moody’s downgraded Coinbase’s corporate family rating to B2 from Ba3, while notes fell to B1 from Ba2.

That's kinda... pretty bad. Considering they were already in non-investment grade territory to begin with.