invisiblefriend

passing resistance - on way to 6350 ! mental resistance in way ?

Long
BITSTAMP:BTCUSD   Bitcoin
WE have just passed past resistance and we don't really have true volume buying until 6300 - 6400 --- 6ooo is a mental resistance which may be enough -- yet i feel between the shorts and the other power going in the direction we may shoot past the psychological line and get stopped between 6200 and 6400 !


good luck on your trades

Namaste


take profits and use stop loss !
Trade active:
all lines continue to be respected
Trade active:
is this possible the start of the true "bump and run " to 6300 ?

it looks textbook --


yet be aware we could retest the bottom of support at 5350 -- and below this invalidates all and we go down to 5 and then 4500 --

bump and run is my play currently !
im in ---
Comment:
sell after 6200 is hit -- this will be major resistance
Comment:
still respecting all channels -- unless it breaks 5430 down -- we still ok !

took some profit today twice --- will add to trade if it drops but stays above trend -
Trade active:
target almost hit ---

took profit at 6303

....... small stack still in
Trade closed: target reached:
perfect trade well passing areas of volume !
Comment:
this trade worked out perfect -- and started the bull market trend !

more trade info on way ---

we should be dropping to 7200$ from current levels -- b4 returning to uptrend -

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