JoE
Long

Bitcoin the king is coming back.

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
***TRADE WITH YOUR OWN RESPONSIBILITY, THIS IS NOT AN ADVICE.***
My previous analysis pointed out the giant falling wedge on BTCUSD             9.30% .
Store of value is the real usecase for BTC            

IMHO             breakout happened already and we are about to climb back up.
Trading BTCUSD             9.30% is much more tricky than trading other altcoins but a giant chart pattern will have bigger chance to play out eventually.
I went long at around 10,000 and get caught up on the way down to 6000-ish, I was too biased and that caused my failure.
*LESSONS LEARNED! Always ZOOM OUT.
Fortunately, the price has bounced back.
I have laid out my trade plan on the chart, as always I focus on finding good risk-reward ratio trades.
Trade with care fellas.
***TRADE WITH YOUR OWN RESPONSIBILITY, THIS IS NOT AN ADVICE.***
Trade active: So far so good
Trade active: Adding here on the pullback.
Trade active: 4 hour RSI looks toppy, closing 30% here
Trade active
I added here also
Reply