With the recent important news of Bitcoin touching gold, that might quite be a relevant long scenario at term.
Watching for upward breakout.
Watching for upward breakout.
Trade closed: target reached:
Time to take profit I guess,wait for retracement, as the 0.5 fib treshold has been reached, and take long position again around 1.50 :) I'm not risking shorting on cryptos, especially when markets are on fire like now.