Looking to start building a position in Bitcoin if uptrend starts, starting with a small initial commitment…
1. Rejected lower prices longer term
2. Showing strength breaking out on Triangle in medium term
3. Pin Bar Continuation short term, with 1/2 daily ATR stop
*** With heavy resistance above will be looking at adding to position if Bitcoin continues to move higher
Holding for a longer term move
1. Rejected lower prices longer term
2. Showing strength breaking out on Triangle in medium term
3. Pin Bar Continuation short term, with 1/2 daily ATR stop
*** With heavy resistance above will be looking at adding to position if Bitcoin continues to move higher
Holding for a longer term move
Trade active:
Adding 2nd scale in on Bitcoin Postion
Dollar weakness, inflation hypothesis/thesis showing signs validity, adding to position . 1 ATR based off daily chart at $10,008
Dollar weakness, inflation hypothesis/thesis showing signs validity, adding to position . 1 ATR based off daily chart at $10,008
Comment:
Moving First Position to breakeven
Trade active:
Still sitting tight, expecting higher prices. Looking to add to position after a consolidation.
