aydngur

BTC Catching Its Breath Before Another Rally?

Long
BITFINEX:BTCUSD   Bitcoin
Yesterday we saw daily 8 EMA worked as support for #Bitcoin BTCUSD . That's usually sign of a strong trend.

After our first buy signal we made 15% profit. Everything's going smoothly so far and until I see a daily close below 11875 I'll keep my position.

Let the profits flow! :)

DISCLAIMER: Please note that my trading approach is trend following. I don't try to make predictions. I don't try to catch the bottom or the top. I don't try to be right. I try to be agile and flexible enough to join the right side before it's too late. Please also note that I'm a swing trader using daily charts.

Entry and exit signals are not universal in trading. They should be determined according to the trading method used. If your trading approach and my trading approach don't match, please do NOT consider them relevant for your own purposes.

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.