LanaFL
Long

BTC OVERSOLD ON DAILY + LARGE FALLING WEDGE

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
The time has come. BTC Daily RSI under 30, the target achieved, and we have a really large falling wedge . I'm scaling, and the large portion already bought. If you want to be really safe, wait for confirmation.
Trade closed: target reached
Trade closed manually
I have almost the same chart as you, I see the same wedge with that daily RSI soooo oversold, let's hope for a bounce
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I bought in 6900-7000 but this consolidation at 6800 is making me a lil nervous:-(
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LanaFL scottialex
@scottialex, I'm in two. Keeping Market order ready. However, we are due for some run up. Otherwise, 100 and 200 EMAs on Daily will cross, and it may turn really nasty
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@LanaFL, I just got out, very very annoying... freaking crazy, buyers are no where to be found
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LanaFL scottialex
@scottialex, This is a good sign ;)
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@LanaFL, now it bounced so I went back in but not all in, just 60% let's see what happens!
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@LanaFL, I bet it will bounce up but now i'm just being emotional, I don't like the trade anymore, I was betting on a quick bounce but maybe I set my entry a bit too high. This thing might go straight to $3k...
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