Daily is behaving quite nicely for continuing this current uptrend. HOWEVER we're looking awfully overbought (anything above the blue rectangle is starting to be sellers' territory) Green is the most bullish scenario, Yellow is the consolidation scenario and red is the bears taking it back for a couple days....
Keeping my position NET LONG with a small hedge until direction clears over the next 48 hours.
Keeping my position NET LONG with a small hedge until direction clears over the next 48 hours.
Comment:
breadmaker put up a 2nd exit spot this morning - looks like we're might be in for a dip
Comment:
guess our dip was to 3700? back on the bull it looks like - though this network hash issue may cause some issues moving forward!