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nacmonad
Jun 28, 2016 12:56 AM

Long until > 4700 CNY Long

Description

#brexit., cny devaluation, the fundamentals are looking positive for bitcoin. Have been scalping all day and net-long.

I'm expecting heavy resistance around 4800 CNY and will be scaling out of a long position >4700 CNY. We'll see!
Comments
Bobdinski
good call
nacmonad
wish i took my own advice ! the movement took a day of accumulation but played out. the accumulation took the form of ascending triangle and i had gotten back in a couple times, to only scalp a 10%-20%. Did not hold for the final break, which went at 5AM lastnight. Note the momentum ignition for the last move up was at 5AM a couple days prior.
nacmonad
hmm, had alarm set last night... watched a 40% trade turn -1%, closed out.
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