LONG BCPT TO NEW HIGH STOP LOSS @ .00005333-5030 TARGET .00009+
BINANCE:BCPTBTC
Comment:
Ok bitcoin is pulling back to the 7200-7800 area if it supports there it should rally and so will this trade. I am still long to my stop. if I get stopped out I will likely buy again at the 1st bottom I spot somewhere just below the .00005000-.-00004500 we are due for a rally that for sure. For all the chart pattern guys out there it should be obvious we are doing a double bottom.
Trade active:
OK, SHOOT I JUST WOKE UP AND SAW THAT I WAS STOPPED OUT SO I HOPPED RIGHT BACK IN AT .00005360. AND PLACED THE FOLLOWING STOP LIMIT ORDER:
If the last price drops to or below 0.00005043 BTC, an order to sell179 BCPTat a price of 0.00005040 BTC will be placed.
THAT STOP IS BELOW THE LOWEST LOW IF THAT DOESNT HOLD I WILL NOT HOP BACL IN UNTIL THE 4HR CHART 5 DAY DEMA CROSSES OVER THE 16 DAY DEMA.
I THINK BTC IS GOING TO 30K OR DEATH BY REGULATION BUT UNFORTUNATELY FOR THE INSTITUTIONAL PLAYERS TO HOP IN AND TAKE IT TO 30K THEY MIGHT TAKE IT CLOSE TO DEATH IE = 4,500 AREA HOPEFULLY NOT 2500 AREA (LOTS OF SUPPORT AT THE 2500 AREA) & THE REST OF ALT COINS IS ALONG FOR THE RIDE.
If the last price drops to or below 0.00005043 BTC, an order to sell179 BCPTat a price of 0.00005040 BTC will be placed.
THAT STOP IS BELOW THE LOWEST LOW IF THAT DOESNT HOLD I WILL NOT HOP BACL IN UNTIL THE 4HR CHART 5 DAY DEMA CROSSES OVER THE 16 DAY DEMA.
I THINK BTC IS GOING TO 30K OR DEATH BY REGULATION BUT UNFORTUNATELY FOR THE INSTITUTIONAL PLAYERS TO HOP IN AND TAKE IT TO 30K THEY MIGHT TAKE IT CLOSE TO DEATH IE = 4,500 AREA HOPEFULLY NOT 2500 AREA (LOTS OF SUPPORT AT THE 2500 AREA) & THE REST OF ALT COINS IS ALONG FOR THE RIDE.