BITCOIN breakout - job done?

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
The last wick support breaks?

RSI already pulled back and retested the prev. falling wedge .
This is an indicator of a strong uptrend.
Adjusting the STOP for zero-game as worst scenario.

New stop : about ~10k - where I've opened the position yesterday

If I was too early : will not lose significant money, and can re-open my long later.
Protecting capital is the first.

Reduce risk first time as you can.
Comment: And bang-bang....

Adjusting stop:

Trailing STOP level 10.050 - 10.150$ Collecting ~1-2% profit

Target Area: ~10.5k (Colleting ~20% profit)

New speed-channel marked as blue
Comment: Trailing stop of my long adjusted to 0.5 fib : near 10.150$

Trade closed: stop reached: This liquidation flow hunted my STOP down hardly.

Trade closed in 6% profit (with x4 margin).

New idea of the weekend move and position possibilities coming soon.


September and the Christmas holiday times are the two worst moments to trade!

Every year I promise to myself: I will not trade in these months.... but I can't resist XD

My BTC capital summary of september: +3% ... will be better I hope so in the second part of the month.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Get Help Ideas Published Followers Following Private Messages Chat Sign Out