After a few rough weeks, bitcoin finally starts to look interesting for a long position. On lower timeframes, there is an obvious inverse head and shoulders forming. I will wait for confirmation and buy a breakout or retest of the neck line. In case of failure, bitcoin will probably be heading below 6K. Exercise caution and use stops.
Trade active:
Filled @ 7380. Moved SL to break-even.
Trade closed: stop reached:
Stopped out at breakeven. On to the next one