Butcher_of_Bitmex
Long

LONG TO DOUBLE TOP 13,400~

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
The bullish fractal I have been following is playing out very nicely on the daily; this is a big long for me to the top. Average entry 10,830; target 13,400ish. Stop loss 10,600.
Aug 13
Comment: Stop, hit; however re-entered with stop below MA
Aug 13
Order cancelled: I think we go lower to sub 10K potentially and test support of triangle.
if you look at daily momentum its erased everything all the way back pre-3k. Im unsure what that means yet, but the momentum that carried it to 13k in first place no longer exists
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Not now, it shall go further down to 10450. Still no buying interest, volume drop significantly.
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@Nirv06, I am basing it off of a bounce off the MA, and the fractal I have been following which generally plays out this way.
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Nirv06 Butcher_of_Bitmex
@Butcher_of_Bitmex, your stop loss just hit.
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@Nirv06, Yep, re-entered with stop below MA -
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Nirv06 Butcher_of_Bitmex
@Butcher_of_Bitmex, I will switch to long later, still low volume atm.
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@Nirv06, Yeah I think 10,400 is looking good now
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Nirv06 Butcher_of_Bitmex
@Butcher_of_Bitmex just closed my short, but my order at 10400 for long has not got filled.
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@Nirv06, So I have hedged with shorts
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