LastBattle

Easiest long ever

Long
LastBattle Updated   
BITFINEX:BTCUSD   Bitcoin
24x long here with bitmex, stops at $9300. Let margin call be your stop loss. Hold it all the way to 15~20k.
The risk/reward of entering is beyond redemption.

FED rate cut tomorrow, first time in bitcoin's history.
Bulls only need to go sideways to breakout, bears will have to drill it down $700 to 9k and still no guarantee of breakdown.

For the bears:
is it worth it to be bearish here after its down 30% from highs already?

For the bulls:
Do you really want to enter here, or you want to enter at 10.1k after the confirmation of A&E bottom?

Once this breaks, it will be the last time bitcoin is ever below 5 digits.
Comment:
Stops moved to 9601
Comment:
Stops moved to 9710. Trade is nearly riskless!

Comment:
Move stop loss to 9872. If this doesnt break up, its likely going to chop.

Comment:
Move stop loss to 9957.

Comment:
Take 30% profit into the 10300~10500 spike, there will be many short stops up there. (just in case)

Hold the rest of your position to the moon.
Comment:
Move stops to 11238.

Trade closed: target reached:
Trade stopped at 15% X 24x gains (360%)
Enjoy. Its really that easy, you dont have to trade like a dick.


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