breakoutfakeout

Detailed Bitcoin Current Price Action analysis and Trades video

Long
COINBASE:BTCUSD   Bitcoin
My current trades as they are right now and all the variables as I see them at the moment in the bitcoin price action
Comment:
Things currently moving exactly as described in the video yesterday, with the small shorting opportunity at resistance, looking a fakeout long opportunity of the bigger rising flag pattern to add more longs. Lets see what happens...
Trade active:
Exactly as predicted move up to 66k with a great short opportunity with swift selling down to the breakout of the larger rising wedge on the 4hr timeframe. Close quick short profits and added to longer term longs at 60500 on the fakeout expectation. Lets see if we can move right back up over the next few days. Stop loss at 57500.

About me: I'm a retail day trader (trading since 1993). Most ideas here are for short time frames and become profitable quickly. I take profits fast as things change fast. 1-2-1 mentoring sessions available.




Telegram coming soon.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.