dsgorthy

Bitcoin (BTC) MA Death/Golden Cross Analysis (Part 10) --> +40%

Short
dsgorthy Updated   
CEXIO:BTCUSD   None
Welcome to my 10th segment in my golden/death cross live trading analysis series! My strategy is simple: trade the waves and lock in profits. We're making USD on long segments and making BTC on short segments. Forget trading on the absolute highs and lows, we're trading on reliable signals that have been successfully backtested and confirmed in this analysis! Don't believe me? I'm not calling shots after the fact, so go back and see the other trades. We've lost money on a few but have made a lot more than we've lost!

We're still on our 5th segment here, and the metrics are as follows:

Segment 5
  • 04/08/2018 - BUY $6,900
  • 04/25/2018 - SELL $9,000
  • TBD - BUY TBD
  • Beginning ($): $10,700
  • Ending ($): $13,950
  • Beginning (BTC): 1.55
  • Ending (BTC): TBD

This was by far our longest bull run here, and we locked in a bunch of profit because of our previous gains against BTC! Let's keep up this magic! Stay tuned for my live trades!
Comment:
We may be seeing a very short segment that only lasts a few hours here. I'll be using $9,400 as a buy-in point and clear continuation of the upward trend!
Comment:
We're still short here and sitting around the 9k level. We're using the MA as buy-in again
Trade closed: stop reached:
We broke our MA at $9200 and we're now long BTC! Awesome news, I'll be posting the long position shortly!
Comment:
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.