MrClock

Bitcoin, I'm back with 1/3 bull

Long
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
With the closing of today's daily candle above the level of 38,300 I decided to buy 1/3 of the capital available for trading.
I am now 33% bought in bitcoin .

The price of this purchase was in region 39,100

The purchase orders mentioned above have been cancelled.

Note in the orange markings that in the medium and long term bitcoin has not closed candlesticks below the level of 30k dollars, which is a good sign for the bullrun to continue.
Comment: As long as we're above 35,600 there's nothing to worry about in the short term.
Trade closed: stop reached: With the loss of 35k, bitcoin once again lost a short-term uptrend.
So I decided to leave now the buy operation with stop loss in the region of 34 thousand dollars.
This purchase was previously made in the region of 39,100 dollars.
At the moment I am 100% short looking for new purchases in the bottom or a new bullish resumption.

Comments

any update plz?
Reply
MrClock doctor10
@doctor10, As long as we're above 35,600 there's nothing to worry about in the short term.
+1 Reply