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MichaelWang66

[BTC] 4H Up Trend

Long
Bitcoin / TetherUS (BINANCE:BTCUSDT)  
MichaelWang66 Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Moving Averages BTC
4
0
movingaverage btc
4H EMA12/26 golden crossed, that's my signal to buy long.
Waiting for pull back to moving averages, to establish my position.
Comment:
snapshot

Got my position around EMA12 retest, and took profit @ 9,365

Now waiting to reload on EMA12/26.
Comment:
Since BTC touches EMA12 two times, I'm gonna be picky on this reload: only on EMA26.
PS: I got another trade waiting to buy long @ daily EMA12.
Comment:
snapshot

4H EMA12 bend down, if EMA12/26 death crossed, I will close this trade and starting short position.
Comment:
Looks like BTC is losing momentum (in 4H time frame).
Plus this chart got my attention: twitter.com/ColdBloo...724905496578/photo/1

Decided to stop trading in 4H time frame, and switch my attention to daily EMA12/26.
Will start trading on 4H time frame again once we got clear direction.
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