$BTC
🌇Morning Update: (taken from post in Chroma discord)
It is now arguable that we shifted structure h4 and could be looking for low time frame longs on h4 and could be looking for low time frame continuation longs around current levels at weekly open or a bit lower at the h4 demand in blue at Monday low/monthly open levels.
As you all know I am short 2 pairs currently, they are both easy to get risk free on if need be, but hedging given long triggers and risking off the shorts is viable imo.
Will be looking for the long just in case. Although I have to say leaving all those lows behind sucks and I dont like longing in that case. But waiting for lows has left be behind alot in recent history so the hedge makes sense to me if given
#Bitcoin
🌄Morning Update:
Not much has changed since yesterday. As I spoke of on stream last night, I still cant see any reason from the hourly time frame up to get into a long yet. When I do, I plan to trigger in structurally from these levels due to them possibly being important levels to hold. I'm still unsure that they will.
If we impulse down I am watching the previous week low for the same thing. So, either we beat weekly open and in the process create some structure that I can get behind for a nice tight invalidation or we get the previous week low, and I look for structure off that level.
If we do push down, I have shorts still running and am happy to full TP them. The chance that Bitcoin gets us 100k levels or lower is still on the table for now and I am respecting that.
$BTC
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