Tendorian

1st April Bitcoin - Still up

Long
Tendorian Updated   
BITFINEX:BTCUSD   Bitcoin
I stand by my yesterday's analysis that we have bottomed out on Bitcoin. But technically we are still bearish so I am keeping my stops tight.

Trades will be posted below.
Comment:

Long 6930
TP 7800
SL 6750
Comment:

Stop Hit, will be looking for another long opportunity soon.
Comment:

Open 6720
Stop 6550
TP 7500

This is bottom picking, be careful.
Comment:

SL hit, two losses, stop for today, will reassess the market tomorrow.
Comment:

Can't miss such great price

Price 6490
Stop 6200
TP 7500
Comment:

Took the 3rd try and we got in right near the bottom, I am revising the take profit, if this is indeed the reversal, then it can go really high.

TP moved to 9000
Comment:

SL moved to 6500, if this is the upmove I was looking for, it should never even come back down near 6500 at all.
Comment:

SL moved to 6600.
Trade closed manually:

I am taking my profits here for 1.86x return as I think we will have a correction soon. I will open another thread for the next trade. I am still looking to go long in this market.

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