btc_joe
Long

BTC USD Long...

BITSTAMP:BTCUSD   Bitcoin / Dollar
283 0 2
So, tons of action to close out the daily and weekly candle. Exciting stuff. Nice dump but we recovered to get back above the red trend line and keep the pennant alive. Although, that daily candle still looks quite bearish , so one would be a fool to think we are out of the woods. In conclusion, going long here seems like a great risk reward play, worst case if the bears win out you can always get short and join the crowd. Just my thoughts.
Trade closed manually: Trade closed (broke even basically), bottom trendline about to break it seems, can always go long again later if need be. Went short, should test 350 or so in the coming days.
Comment: Closed short at 373 lol, guess the exchange is the only winner here.
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