
bobby howard
3K posts

bobby howard
@bobbyhoward78
Tree surgeon landscape gardener. proud dad / sportsman wanna be . part time music producer . Crypto addict




$NEAR One of the better looking altcoin charts locally.









BREAKING: Our traders forecast Bitcoin will crash to $55,000 this year


$BTC I’m gradually building into a small hedge long against the swing short at 77.8K. You are probably wondering “why” and the answer is simple: We’ve got a CME gap around 79K that could get tested, so because of that I am looking to run an equal hedge to protect my swing short. If the gap doesn’t fill and we end up printing another large imbalance like the 84K move, that is unpredictable in my eyes. Because of that, I’m keeping hard stops on the hedge around 74K, while scaling in with fractional entries if we deviate into the 74.8K region. If the hedge gets stopped, then we’re likely heading sub 70K. Main focus here is just protecting the short, since these gaps tend to fill more often than not.






The reason $BTC keeps bouncing is because we’re currently testing a significant level (PWO). If we lose the 78.6K region, the monthly open would likely come into play fairly quickly. Worth watching this area closely for confirmation of direction short term.








