TradingView
TopsyKrett
Jun 7, 2020 7:01 AM

BITCOIN is moving into a fakeout, lets catch it Long

Bitcoin / United States DollarCoinbase

Description

The time has come, you all know it. Money gets printed, Bitcoin is the only true digital asset to hedge into, but they dont give you an easy high leveraged long. It will start with a fakeout, I try to catch it with a trailing buy order under 9578.

RSI rising, scratching the 50

Comment

the idea was right, you can long now, it will rally to the moon, but the catch hasnt worked well :)

Comment

when it takes off, then from 9700, now or nothing...
Comments
transparent-fx
BtcUsd has some interesting price action, this is my view
TopsyKrett
@transparent-fx, good idea, but some fudamental aspects have changed in the past weeks, when the corn takes off, then now and then when nobody expects it, so now is right, fakeout given, now feeding shorts for pushing through 10k... its the timing and its the chart, in other circumstances your version would be more plausible, testing the good old 7800...

More