BTC - scalper heaven
While holding longs or spot on BTC here is great, it's also a great market for scalping.
People often think that scalping is perfect in ranging conditions, and it is, but having a very clear trending market with decent spot bid like we have now, is even better. You don't have to worry about direction and can keep scalping with trend as long as it works.
In this case, seeing BTC trade with a $100 on Coinbase, consistently, means we can keep that data on the side and keep scalping longs as long as the premium persists.
Finding a strategy that works here isn't hard: we see a lot of ltf s/r flips, quick sweeps with v-reversals, ...
I like the full sweeps and reclaims like this one most, if it lines up with s/r flip, then tp on the first meaningful orderblock.
This is very ltf of course, but it works 9/10 times in this market, so it can be a good additional income next to hodling your stack.
People often think that scalping is perfect in ranging conditions, and it is, but having a very clear trending market with decent spot bid like we have now, is even better. You don't have to worry about direction and can keep scalping with trend as long as it works.
In this case, seeing BTC trade with a $100 on Coinbase, consistently, means we can keep that data on the side and keep scalping longs as long as the premium persists.
Finding a strategy that works here isn't hard: we see a lot of ltf s/r flips, quick sweeps with v-reversals, ...
I like the full sweeps and reclaims like this one most, if it lines up with s/r flip, then tp on the first meaningful orderblock.
This is very ltf of course, but it works 9/10 times in this market, so it can be a good additional income next to hodling your stack.
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Content in partnership with:
twitter.com/mooncakexbt
twitter.com/huskyXBT
Content in partnership with:
twitter.com/mooncakexbt
twitter.com/huskyXBT
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