IvanLabrie

BTCCNY: Accumulation setup update

Long
IvanLabrie Updated   
BTCCHINA:BTCCNY   None
We went long during this sideways accumulation, and now it's clear the time at mode setup here is active. We can expect a rally to the target on chart. Be patient and hold long positions.

See related ideas for my buy reccomendations.

Cheers,

Ivan Labrie.
Comment:
Now 4033...I hope no one shorted.
Comment:
Good progress, we're safe to hold longs.
Comment:
BTC needs to go past 4360 by or before September 15th. if it doesn't it might be forming a triangle, which would imply there is no strong momentum for an uptrend to materialize.
Trade closed manually:
We closed longs on the break of support at 3961 and instantly flipped short, with stop at 4210.
Trade active:
I'm long once more - 4059
Comment:
Price now 4107
Comment:
In good shape to hit the target.
Trade closed manually:
We keep a 15% long in BTC.

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