Richie_the_trader

Bitcoin BTCUSD Long setup

Long
COINBASE:BTCUSD   Bitcoin
We are currently waiting for price to breakout of this previous management zone that price has been bouncing around in, on and off since the 21 Nov. I would like to see a strong Bull candle breakout and close above this zone before i look to enter.
Comment:
Our trade has been triggered.
Comment:
Monitoring and watching for deceleration and bearish evidence.
Comment:
Still holding our position, no evidence of deceleration yet
Comment:
We have just had a bear candle not significant enough for us to exit our trade. Holding still
Comment:
We are seeing a bit of deceleration on BTC, holding but getting ready to exit
Comment:
Closing trade
Trade closed: target reached:

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.