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Logging personal trades and major market events since 2019. ✉️ Contact: @TycheHermes ©TradeLogs Global [2019]
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2 985
📜👆🏻Those green upside arrows are still printing from last 1 month, although our target is around 84k-85k but we will not bet on the down arrow. If it starts to catch momentum then 90k+ is possible, so we will take some profit near 84k and not shorting near those levels unless we see some bearish price action.
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📊 BTC (CME) 1D: Once it fills that 84500 gap, we will book some major part of our position. It could retrace 10-15% from there then chase 95k level, that's the double bottom target. But we should first wait for the gap fill and see how is the price action then we will open another trade for 95k target. For now still waiting for this 84500 gap fill.
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💎 TradeLogs Global Lifetime: 654$ 456$ (30% Discount)
▫️Crypto,Forex,Stocks all at one place. Read pinned post for more details.
🔖Offer Valid Till 26th April
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📊 BTC (CME) 4H: Price entered inside the gap, it will be filled if it can hit 84500$
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📜 Current Position: Holding this position from last 2 months almost , Expecting heavy momentum after april monthly close.
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📊 BTC 1D: Possible next move, 2 months of sideways done. It should move soon.
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📜 Market Update: April is here and some small bounces starting to appear. There should be a final 10–12% shakeout candle (62-63k) next week, then the rally should begin. For BTC, we are expecting an 83K test by the end of April, then a pullback to 65K, followed by a bounce from that level and a rally to 118K by end of July. We will be buying some altcoins next week once the shakeout move is in.
2 985
📊 BTCUSD 1W: This is our long term bullish take, if BTC can print the green marked move first then there is a high possibility that this move is coming to squeeze the shorts before real bear market begins. We will get some clarity within next 2-3 months. Pretty sure alt coins will also pump with this exit pump so we will buy some alts as well, if you are already holding some trapped altcoin positions this could be your final chance to exit. It is too early to believe that something like this is possible but within july end we will get some clarity.
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📊 BTC 4H: Everytime price pumps 10% Open interest rise 1Billion usd, probably lots of fomo. A 64-65k retest could wipe out this position. As I said earlier market will could stay choppy till june-july to wipe out the wallet of these fomo entries with multiple liquidations or sl hits. So be careful with leveraged positions for next 2-3 months.
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📊 BTC 4H: Everything price pumps 10% Open interest rise 1Billion usd, probably lots of fomo. A 64-65k retest could wipe out this position. As I said earlier market will could stay choppy till june-july to wipe out the wallet of these fomo entries with multiple liquidations or sl hits. So be careful with leveraged positions for next 2-3 months.
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📜👆Update: It achieved the $76K target. It should range above 65k till June-July if it wants to do a rally again. Usually price action stays dull and choppy from march-june so expecting dull market for some time.
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📊 BTC 1W: Over the last 11 years, BTC has always bottomed near the weekly 200 MA. Looking at it from a long-term perspective, if you start accumulating at the 200 MA weekly and then aggressively buy more every time it dumps 15–25% below the weekly 200 MA, you will get a great long-term average entry. Also notice the RSI levels.
Most likely, the 52K–65K range will be the bottom this time. A lot of people will expect deeper corrections, but that may not happen. We will trade BTC spot till July–August and then see how the chart develops, and decide then whether we should start accumulation or not.
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📊 BTC 1M: If BTC can hold 65k support then expecting this type of monthly candle close for next two months. 80-83k major resistance now so not expecting it to go above that level for now. If bulls are really planning to print this then it could take 40-45 more days. The only thing you should be cautious about is leverage trading this year, uptrend is actually broken so bears have insane power which could liquidate even 2x long positions, so when you are playing a long you are betting on a short squeeze or a previous support retest. So if you want to bet on this moce then play spot only.
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📜 It's been 1 month BTC is holding 65k level. We need to move away from this zone and test 80-83k level.
Market sentiment is very negetive because of the 50% price drop from ath and the war so this is perfect time for a short squeeze. If 65k level breaks then 50-52k level is next support but I don't think it will be able to hold that support. My bet is on a pump to 80-83k level, let's see if we can achieve that by march end.
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📊 BTC 1D: BTC could test the previous 80-83k support as long as it stays above 65k. Breaking below 65k could push the price to 53k or lower. Leverage trading is risky here, so currently holding small spot BTC position from 65k will exit it near 80k or stop out below 65k
