Long on $BTC as long it holds the bottom blue fork line as support.
Would exit positions under the stop loss given at 42k level.
Could enter a short under current stop loss with a take profit at 36k level if things get even more bearish
Would exit positions under the stop loss given at 42k level.
Could enter a short under current stop loss with a take profit at 36k level if things get even more bearish
Comment:
Take profit for long would be at the red median line of the fork
Comment:
stop-loss for short should be very tight
Trade closed manually:
Closed trade prior to stop loss at 44.5k given major support was broken
Trade active:
Trade reopen at 46.5k with stop loss at 44k
Comment:
Could take profit at 48k, but leave the trade open in case of another retest of the blue fork line
Trade closed manually:
Closed at 47.4k.
Trade active:
open at 46.8k, stop loss at 46k, tight stop loss due to correction from SPX
Comment:
some profit could be taken at 48k. short opportunity could happen at 48.8k
Comment:
Market conditions are currently neutral, volume breakout is imminent. 50/50 direction, one target to 36k-40k, the other is to 60k to ath. More details on short speculation listed below under related ideas
Trade closed manually:
Closed trade, support broken
