dr.orientem

Bitcoin at fib level

Short
dr.orientem Updated   
BITFINEX:BTCUSD   Bitcoin
I dont think Bitcoin is gonna break this level at the first try.
Trade active
Comment:
Going up with low volume is not reflecting true situation. Momentum have different opinion about direction.

Trade closed: stop reached:
Fib level broken
Trade closed: stop reached:
Fib level broken. Knowing when to stop is important. 20 dolar is not a big deal.
Comment:
I closed the trade because idea was about fib level but i am putting this ss for the record. Trend was negative and dropped after making different wedge.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.