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allen4pyd
Sep 21, 2018 8:44 AM

Preparing for the bull run(?) Long

Bitcoin / DollarBitfinex

Description

After 2 weeks in the eternal range we've finally broken out.
Unfortunately I missed the long off the touch at the bottom of the range but now i'm waiting for another setup opportunity

4hr RSI is currently oversold so I am either looking for,
1) Retest of the top of the range before a move to the historically strong diagonal resistance
2) Short consolidation and a faster move up to the diagonal with a rejection then down to a long entry

If this diagonal is broken and support is found, we are on for a big bull run in the last few months of this year

Trade active

Easy entry on that wick! Now aiming for a target at the red resistance
Comments
BlackCountryBTC
Same here, I also unfortunately, missed the dip so waiting to get back in on the 6600 retest
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