100 trades crypto series Starting date: 9/August/2021 Day 3 Starting capital: $500 Capital at present: $574 Trades made - 10 (all trading ideas in the series with comentary and outcome can be found on my profile)
BEAR VIEW:
-Entered on a strong bear breakout (bear candle closed on it's low) -Apparently it was a final bull flag with visible rejections, signaling that bears are getting strength -Strong rejection candle at the top of the range, signaling bear trend might be commencing -Extended bull rally (bigger correction expected) -Bearish divergence on RSI (HH on prices LH on RSI)
BULL VIEW:
-At the time of buying it is not clear if it is a bear trend or trading range. -Formation of broad bull channel also still a possibility at the time of entry