Lots of consolidation in BTC recently, this allowed for technical to settle as well. MACD has now crossed, potential for inverse H&S patter and near term tgt of 16K. I like blockchains as a trade her and grabbed some $TEUM (2.38)and small position in others.
TEUM holding the trendline and with the BTC buy signal I believe that this is a good risk/reward area to try a long.
Trade closed: stop reached:
idea partially worked, saw the original bounce off the MACD cross but there was lack of continuation, stop losses were hit onto the next trade idea.
from the cross we had about 1200 move on the coin, maximizing profits would have only come with a trailing stop in this situation.