Fading the first sign of volatility after considerable consolidation seems like -EV.
$BTC Update: Plan is to compound shorts on a retest of 95xx. Looking to sell into some late short liquidations. #crypto
$BTC Update: Filled about 75% of asks as planned. Looking for a sell off shortly after daily close. #crypto
$BTC Update: Still planning to cover 95xx adds at 89xx. Will watch PA and likely hedge 99xx swing short with a long if price stalls at support. I think a local top is in, range breakdown will confirm. #crypto
$BTC Update: Covered adds. Support looks like it stepped in for a dead cat bounce. Looking to hedge a long on another sweep of 9k. Not sure it will run all the way back up over 96xx but I think a scalp long here makes sense. #crypto
$BTC Update: Got my fills on this sweep. Shouldn't violate 8800 if we're going to dead cat bounce and liquidate late shorts. I see a cluster of short liquidity above 94xx that I would like to cover my hedge around. #crypto
Missed my SL by $3. Not today Arthur.
$BTC Update: 9280 short block got run. Weekend chopsolidation. Not expecting any serious volatility until weekly close. Moved up stops on hedge below 9k. Sticking to the plan until I see the reaction from 9.4-9.6. Will cover and compound in that range. #crypto