We crossed the MA a couple of days ago and I bought in at 8.3k. I'm publishing this new thread to track my long position, because the MA has crossed the buy-in, meaning that we're guaranteed to profit. Check out my previous ideas to see the first segment, but we've closed out the second segment and are beginning our first.
Segment 2
03/11/2018 - BUY $9,750
03/14/2018 - SELL $9,100
03/18/2018 - BUY $8,300
Beginning ($): $11,400
Ending ($): $10,650
Beginning (BTC): 1.17
Ending (BTC): 1.28
Segment 3
03/18/2018 - BUY $8,300
TBD - SELL TBD
TBD - BUY TBD
Beginning ($): $10,650
Ending ($): TBD
Beginning (BTC): 1.28
Ending (BTC): TBD
Segment 2 shows that more every trade will win, on both sides that is. It did win in terms of BTC. Since I'm bullish about BTC long-term, that's fine by me. I'm seeing a lot of posts about BTC heading down, but I'll continue to trade on my strategy. I don't really care whether it goes up and down, I'm looking to profit off of the waves. Stay tuned for updates, hopefully we see some upward movements!
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We're seeing around 1K separation between the MA and the current price, that's a pretty healthy sign! I'm seeing calls for a bull flag forming, let's hope this run continues!
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Our MA is now $400 above the buy-in, meaning we're locking in a decent amount of profit. We're seeing a good amount of separation between the price and the MA.
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After a very steep decline, we crossed the MA earlier today and I'm out at 8.7k, locking in profit here. I'll post a short tracking article once the MA crosses this mark.
Trade closed: stop reached
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Closing out this thread and starting a new one, out MA has crossed the sell line.
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Click on the below chart for the short-tracking of this segment!