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ardacole
Nov 19, 2017 6:16 PM

BTC long to the mood 

Bitcoin / DollarBitfinex

Description

After moving averages or price and wvap converge in an upwards direction new bullish pendent is formed. Slight pullback (second circle's) with plenty of support to gain strength to send us pass 8000.
Good luck

Comment

Looks like there is heavy resistance at 8100, may need a pull back before blast off, setting my stop at 7950(last high/support) in case things go south

Comment

Stopped out at 7950. See a head and shoulders on 30 min timeframe. Will try re-entry if I get signs of support

Trade closed: stop reached

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