farmorss

Bitcoin Price Update. 

We bought the Dip at 84-88K and sold Publicly at 94K when the market was turning ultra Bullish. It pays to be a contranian. 

1. Daily Level at $85,000 held on consistent closing basis and then Trump news pumped us back into previous range between $90,000-100,000.

2. The major resistance level for me is $96,000 which is between the 55 EMA and the Point of Control of the previous range.

If we can flip that then I will take futures longs to target $101,000 which is the previous range Value Area High.

3. Right now not paying too much attention to volume profile but looking at our bounce zone. We deviated below but held the 200 Daily EMA which is our major bull market support level.

Trade Update: Because of Daily Level + EMA confluence I had bought the dip on spot between 85-88k and have now exited those positions because we are at the major resistance level in point 2.

Was selling yesterday a good decision, I'll let this Dump answer that.