https://t.co/Uk04aH0rNv

$XBTUSD 4H Channel

I don't think this will break just yet, but consider me surprised by this reaction.

Partially hedging long here. Bear divs.

Jumping out of the channel but those bear divs still worry me (+strong resistance zone). I wouldn't take any position here. I'm fully hedged, only collecting that juicy funding.

Volume is down a bit too, but the price just keeps on pushing. I don't know what to make of this so I'll stay hedged until I can get a clearer picture.

Aaaand 6k is broken. Oh well.

FOMO'd and unhedged for a very small loss of profits.

https://t.co/kdTJ7ynaI4

Price action still looks very bullish, bulls are in control and we may even test 6.8k, but I'm hedging now as we get closer to the busiest price level area ever.

Really a sight of beauty this OBV.

15M Short term bullish scenario.

Taking candy from babies.

Haha

First resistance.

In case you're looking at that CME gap. From J. J. Murphy's “Technical Analysis of the Financial Markets”, pg. 93.

- Gaps don't always get filled; - Breakaway gaps, more often than not, don't get fully filled; - Gaps act as support, a close bellow is a sign of weakness; - Frequently the upper end is tested as support.

Fib alignment if this is the local top. P R E C I S I O N.

woop woop

Still works with the new top.