Hey traders, here I share my Long Bitcoin COINBASE:BTCUSD trade today going into the halving on Tuesday, I explain my stop loss and profit target levels.
Happy trading :) Jared
Trade active
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We just hit $10,000 and still climbing!
I've moved the stop up to the entry level from yesterday of $9350 and awaiting profit target of $10,390 to exit.
Trade closed: stop reached
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This trade hit the breakeven stop of $9350 as a unusual sharp selloff in normally quiet weekend trading happened, wouldn't surprise if this was a flush out of the longs and the uptrend resumes into the halving on Tuesday, but for now I will sit on the sidelines and await the next setup.