BTCUSD position strategy, Day 24 of 100DAYSOFTA- Dump or Pump? by turpsy

hive-167922 · @turpsy · Jul 3 '20

$2.35

BTCUSD position strategy, Day 24 of 100DAYSOFTA- Dump or Pump?

Going to CME chart as usual. There is a gap at around just created at around 9245 USD. This is as a result of the dump yesterday. Here is the chart
Remember we have a gap at around 8845 and at around 9645 USD.
![image.png](https://images.hive.blog/DQmUFjTLt8wMZDVW6vEnMNLWgT9duNQPu3DD3d9YbAPxuQh/image.png)

https://www.tradingview.com/x/y0HDLnZL/

#### This is my entry for the 100DAYSOFTA challenge, Friday  3rd  July 2020.
>__
I am joining a challenge by a group of traders. The challenge is #100DAYSOFTA. Some of the people in this group have posted on $Youtube, $Twitter but I will be posting mine on Hive.
The convener of this challenge is https://twitter.com/CryptoluXP
However, the frequency might not be daily but it will be sequential.
Having said that, here is what I have:
__

4 hr
We have been in this ST short trend for a long while. This has not resulted in a jaw dropping move yet. However, to has been a choppy price action. On this TF, ST is still tell us to short any move up and also the resistance is now at 9535USD. This means the highest we can go before we flip long is 9535 USD. However, as it is now, we might need to be cautious before taking a position. This is because Willy is at not yet decisive. Any move up should be treated with good stoploss. 
![image.png](https://images.hive.blog/DQmejGWe3zWL6kfHrTdSicpcp6majtiYg4Q5Q9T3WQ34n6E/image.png)

https://www.tradingview.com/x/ernozUGH/
1h
Yesterday, the 1 hour was in a ST long position. but the drastic drop already changed it to short. Generally, we are in a downtrend, and this something we should bear in mind. The price action and ST here is telling us that a short is profitable on this TF. THis means we should be cautious of any long position. Willy is also not well resolved at the moment. We might need to have more price action before we take a position.

![image.png](https://images.hive.blog/DQmdvqAzBPfzovGKHQUhVV4dZePSZUYvReAyv5TEpn2JG7x/image.png)

https://www.tradingview.com/x/DaCoQj36/
30 mins
Also, on this TF, the ST is also short. This is a confleuce of TF, meaning on all short TF we are not to be looking for long position. However, there might be a price uptick so as to load short positions. Willy is also not well decisive and might be better to stay off the market to avoid choppy price action.
![image.png](https://images.hive.blog/DQmNmVU71PvBwNAk1M3AsxZy7BFKY4pd7YbcwkHNBtWXeFz/image.png)

https://www.tradingview.com/x/RTYxnwcM/
Extras
15mins and 5 mins chart respectively.

![image.png](https://images.hive.blog/DQmcqfX2W4BXQMhWp8ibvLp4RN3bLdeMY7kFZ8kxnxU4zse/image.png)

https://www.tradingview.com/x/zjcEUGtZ/

![image.png](https://images.hive.blog/DQmcCbqDiVYcbXMdk5TWZyHuGMaBeTT8aRcBbvtvLUoTW6Q/image.png)

https://www.tradingview.com/x/hX8rMCGI/
### Summary:
4hrs ST is short
1hr ST is short
30 mins ST is short

* ### My Position
Flat. Waiting for more price action.

>No trade advice from ST. I will have to wait until price action is able to give a signal.

#### In the recent  position, take profit was hit.

![image.png](https://images.hive.blog/DQmSoeHNEr23mx6ZbzxbKRQiSVL9uENrpVtM4Pk5G6XrFui/image.png)

This is what I wrote:
>I have thesame unchanged position. 
>My shorts were filled and now I have to some orders above the 4hr ST resistance, incase we wick up. I am thinking of adjusting the take profit upwards, due to the price action in the past days. I will be looking at the Fibonnaci retracement 0.618 value to use at TP. 

![image.png](https://images.hive.blog/DQmNbEWxran5pRMC6fvq2q85d2Cdj2SgDaf36yf5hEtxXiD/image.png)

>This is the R:R.

>![image.png](https://images.hive.blog/DQmduiSuKdWmTh9Z6cQcJ2evjtbFWCQB15dx43tLQ5VT7Vi/image.png)

https://www.tradingview.com/x/ULadKljK/

### Have a fun-filled weekend

Posted Using [LeoFinance](https://leofinance.io/@turpsy/btcusd-position-strategy-day-24-of-100daysofta-dump-or-pump)

👍 ozchartart, kpine, curie, drax, nateaguila, goblinknackers, postpromoter, samminator, majes.tytyty, tfame3865, dhimmel, minnowbooster, kevinwong, turpsy, hendrikdegrote, roomservice, stayoutoftherz, dna.org, adalger, thelogicaldude, yehey, holbein81, doikao, takowi, meno, mariusfebruary, chungsu1, intrepidphotos, medro-martin, uwelang, jlsplatts, mahdiyari, gunthertopp, revo, new-steemit, pixelfan, chris4210, lays, tattoodjay, massivevibration, musicvoter, violetmed, d-vine, risingstargame, d-pend, akilie1029, yangoldberg, epicdice, eric-boucher, cryptofiloz, bloom, brianoflondon, betterthanhome, indigoocean, norwegianbikeman, bscrypto, gwilberiol, beverages, braaiboy, iansart, musicvoter2, yourtop3, spoke, vicesrus, and 139 others

`author`	turpsy
`permlink`	btcusd-position-strategy-day-24-of-100daysofta-dump-or-pump
`category`	hive-167922
`json_metadata`	{"tags":["bitcoin","crypto","neoxian","palnet","lassecash","actnearn","creativecoin","bilpcoin","leofinance","100daysofta"],"image":["https://images.hive.blog/DQmUFjTLt8wMZDVW6vEnMNLWgT9duNQPu3DD3d9YbAPxuQh/image.png","https://images.hive.blog/DQmejGWe3zWL6kfHrTdSicpcp6majtiYg4Q5Q9T3WQ34n6E/image.png","https://images.hive.blog/DQmdvqAzBPfzovGKHQUhVV4dZePSZUYvReAyv5TEpn2JG7x/image.png","https://images.hive.blog/DQmNmVU71PvBwNAk1M3AsxZy7BFKY4pd7YbcwkHNBtWXeFz/image.png","https://images.hive.blog/DQmcqfX2W4BXQMhWp8ibvLp4RN3bLdeMY7kFZ8kxnxU4zse/image.png","https://images.hive.blog/DQmcCbqDiVYcbXMdk5TWZyHuGMaBeTT8aRcBbvtvLUoTW6Q/image.png","https://images.hive.blog/DQmSoeHNEr23mx6ZbzxbKRQiSVL9uENrpVtM4Pk5G6XrFui/image.png","https://images.hive.blog/DQmNbEWxran5pRMC6fvq2q85d2Cdj2SgDaf36yf5hEtxXiD/image.png","https://images.hive.blog/DQmduiSuKdWmTh9Z6cQcJ2evjtbFWCQB15dx43tLQ5VT7Vi/image.png"],"links":["https://www.tradingview.com/x/y0HDLnZL/","https://twitter.com/CryptoluXP","https://www.tradingview.com/x/ernozUGH/","https://www.tradingview.com/x/DaCoQj36/","https://www.tradingview.com/x/RTYxnwcM/","https://www.tradingview.com/x/zjcEUGtZ/","https://www.tradingview.com/x/hX8rMCGI/","https://www.tradingview.com/x/ULadKljK/"],"app":"leofinance/0.1","format":"markdown","canonical_url":"https://leofinance.io/@turpsy/btcusd-position-strategy-day-24-of-100daysofta-dump-or-pump"}
`created`	2020-07-03 11:49:30
`last_update`	2020-07-03 11:49:30
`depth`	0
`children`	0
`last_payout`	2020-07-10 11:49:30
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	1.212 HBD
`curator_payout_value`	1.141 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	3,868
`author_reputation`	22,338,309,316,232
`root_title`	"BTCUSD position strategy, Day 24 of 100DAYSOFTA- Dump or Pump?"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	98,316,727
`net_rshares`	7,530,780,318,406
`author_curate_reward`	""

properties (23)vote details (203)

voter	rshares	pct
tombstone	2,072,251,607	0.1%
chris4210	11,377,647,927	1.5%
kevinwong	50,585,296,500	0.6%
scalextrix	609,409,795	1.5%
eric-boucher	6,405,509,446	1.5%
thecryptodrive	1,287,607,119	0.6%
anwenbaumeister	118,348,132	3%
mammasitta	688,904,267	0.15%
skapaneas	454,273,852	0.9%
matt-a	639,470,296	1.5%
ozchartart	2,881,791,030,077	100%
velourex	533,454,289	3%
kpine	1,704,528,953,994	7%
sc-steemit	4,068,362,939	1.5%
charlie777pt	1,000,794,078	5%
alaqrab	1,771,739,651	1.5%
uwelang	15,656,342,786	1.5%
holoz0r	647,724,718	4.5%
lk666	1,409,481,941	1.5%
michelle.gent	564,432,102	0.6%
curie	586,080,201,154	3%
modernzorker	1,471,558,622	2.1%
hendrikdegrote	40,273,562,532	3%
tristancarax	798,376,401	1.5%
edb	929,623,971	0.3%
yadamaniart	963,191,512	1.5%
apsu	1,806,206,638	1.05%
valth	801,967,638	1.5%
driptorchpress	946,193,367	1.5%
gmedley	613,450,734	1.5%
dhimmel	60,183,186,145	1.05%
looftee	1,041,065,958	0.75%
bloom	6,053,871,657	1.5%
federacion45	1,363,543,059	1.5%
iansart	4,621,101,656	1.5%
forykw	3,955,977,381	1.5%
jagged	1,393,630,449	0.6%
roomservice	37,545,975,726	1.5%
bitrocker2020	1,700,391,019	0.15%
sustainablyyours	1,158,925,440	1.5%
yehey	28,974,262,754	3%
freetissues	572,138,935	1.5%
samminator	135,244,276,339	100%
mxzn	611,697,647	1.5%
zerotoone	577,947,621	1.5%
turpsy	50,116,851,251	100%
locikll	1,231,318,302	6%
kalinka	561,864,700	1.5%
mahdiyari	12,892,026,456	3%
aboutyourbiz	562,831,710	3%
jayna	1,967,313,365	0.6%
hhayweaver	821,121,887	1.5%
rival	533,588,876	2%
wesphilbin	2,032,146,587	5%
d-pend	8,152,482,476	0.3%
gunthertopp	12,849,571,165	0.3%
binkyprod	998,067,491	1.5%
violetmed	8,935,916,216	1.5%
flatman	1,767,396,731	3%
tattoodjay	9,756,903,983	0.99%
minnowbooster	58,532,137,735	0.6%
neumannsalva	1,648,362,699	1.5%
stayoutoftherz	36,587,984,674	1.5%
pixelfan	11,974,608,827	2%
tfame3865	73,837,209,251	100%
hdmed	3,239,499,471	3%
betterthanhome	5,510,050,211	1.5%
revo	12,361,625,925	3%
akilie1029	8,022,564,531	100%
stickchumpion	565,190,275	1.5%
massivevibration	9,347,925,128	5%
holbein81	28,676,072,403	2.55%
trevorpetrie	686,794,695	1.5%
torico	681,439,182	0.99%
drax	469,617,199,376	100%
yangoldberg	7,096,565,928	3%
minnowpowerup	649,894,388	1.5%
revisesociology	3,310,717,894	0.3%
majes.tytyty	112,641,283,314	10%
cryptononymous	896,742,921	1.5%
upme	1,560,971,692	1.5%
gotgame	615,642,181	1.5%
braveboat	2,332,240,793	8%
jlsplatts	13,146,297,150	2%
meno	23,338,301,302	1.5%
buttcoins	2,158,132,559	0.6%
toocurious	2,418,794,332	1.5%
fatkat	774,561,258	1.49%
lays	10,582,430,751	1.5%
postpromoter	145,558,159,723	3%
diverse	794,658,465	1.5%
steveconnor	1,879,053,577	1.5%
sankysanket18	3,526,384,850	1.5%
drmake	1,663,561,949	1.5%
cataluz	887,187,934	1.5%
danile666	3,287,926,529	2.85%
d-vine	8,613,357,924	17%
redcube	982,296,958	1.5%
stahlberg	667,123,459	1.5%
gabrielatravels	683,485,348	0.6%
iamjadeline	855,437,819	0.45%
intrepidphotos	16,764,598,594	0.3%
itwithsm	2,209,378,662	100%
hijosdelhombre	1,284,045,178	1.5%
bennettitalia	646,901,113	0.75%
socialmediaseo	848,299,826	1.5%
neneandy	3,431,636,928	3%
pab.ink	843,710,961	1.5%
rbalzan79	461,654,152	2.1%
didic	1,315,323,803	1.5%
beverages	5,027,749,601	1.5%
verhp11	1,118,013,451	1%
oghie	667,835,942	50%
chungsu1	18,689,396,355	1.5%
takowi	25,994,239,981	3%
lightflares	3,166,024,512	1.5%
citimillz	628,444,825	1.5%
doikao	27,821,810,953	3%
forester-joe	706,904,855	1.5%
vicesrus	4,175,110,329	1.5%
zipporah	1,487,835,370	0.6%
idkpdx	213,152,104	1.5%
norwegianbikeman	5,286,717,833	5%
miroslavrc	1,119,711,818	0.75%
bscrypto	5,280,955,656	1.5%
scottcbusiness	860,802,233	1.5%
camiloferrua	1,292,655,276	1.65%
sanderjansenart	1,487,842,967	1.5%
comidinhas	689,252,435	100%
sereze	793,197,401	1.5%
qberry	1,529,671,597	1.5%
frissonsteemit	570,424,996	1.5%
rambutan.art	740,578,899	3%
greddyforce	1,243,924,796	1.11%
braaiboy	4,861,819,011	2.25%
mariusfebruary	22,989,540,764	1.2%
hansdewet	1,870,443,649	3%
srijana-gurung	591,119,411	1.5%
indigoocean	5,456,347,872	1.5%
trumpman2	3,942,471,876	50%
jancharlest	3,301,119,669	3%
musicvoter	9,194,187,133	2%
gwilberiol	5,148,384,910	2.7%
nateaguila	180,823,051,624	5%
musicvoter2	4,488,384,496	1%
pialejoana	792,889,237	1.5%
myfreebtc	1,128,050,484	2.4%
schroders	1,174,752,910	0.9%
blewitt	3,968,024,440	0.15%
mindblast	1,566,871,951	1.5%
shuri	454,008,916	100%
bflanagin	1,779,079,197	1.5%
sadbear	536,820,923	1.5%
lillywilton	834,655,661	20%
goblinknackers	150,419,276,576	4%
spoke	4,391,364,724	2.4%
laissez-faire	41,059,349	100%
the.success.club	1,409,703,022	1.5%
chickenmeat	598,270,890	1.5%
javier.dejuan	536,188,357	3%
brianoflondon	5,569,276,953	0.45%
wav-dr	538,055,016	2%
new-steemit	12,041,785,472	3%
adalger	30,021,212,922	2.5%
khan.dayyanz	590,092,718	3%
jacuzzi	818,392,248	1.5%
vaultec	2,940,726,451	12%
loliver	894,784,369	3%
hairgistix	1,470,239,718	1.5%
rem-steem	1,474,806,207	0.6%
pulleyhead	767,150,477	3%
thelogicaldude	29,064,933,251	30%
medro-martin	16,685,971,454	95%
cryptofiloz	6,220,623,616	3%
coredump	64,815,720	10%
epicdice	6,637,117,042	0.9%
fractalfrank	4,012,495,544	1.5%
haxxdump	28,183,189	10%
titan-c	923,847,277	3%
reggaesteem	628,129,153	5%
mindtrap-leo	197,432,245	5.66%
partitura.leo	270,153,013	100%
vxc.leo	0	11.32%
abh12345.neox	0	8.1%
kaeves4711	2,659,011,948	25%
deflacion	1,048,946,235	9.8%
joshmania	770,113,917	0.75%
tonimontana.leo	195,815,038	5.66%
tonimontana.neo	0	0.72%
herzinfuck	1,301,111,927	1.5%
splatts	568,158,134	1%
yourtop3	4,472,897,695	1.2%
roamingsparrow	2,267,011,803	2.25%
goldstreet	2,617,248,079	3%
risingstargame	8,322,893,977	1.5%
fengchao	1,090,760,509	1%
hornetsnest	2,353,827,340	1.5%
thepeakstudio	1,255,957,874	1.5%
hive.consultant	3,815,862,046	2.4%
the100	1,102,569,207	1.5%
rihc94	738,526,402	1.5%
dna.org	32,361,055,318	25%
curation.bot	0	0.26%