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bitcoin
Jan 18, 2018 8:52 PM

Late recovery Long

BitShares / BitcoinPoloniex

Description

BTS so far didn't recover, It may be late or may not happen, just in case it is late I gave it some shot. This setup might only trigger above the green dash line with main resistence on the blue line and final target on red one. The timing is always trick to get it right, might take 14 days from now.

Comment

So far just a bull trap, it stayed for 10 bars above the trigger with low volume. It's always wise to wait some bars for confirmation of the signal, will keep monitoring, it it fails to go up it could provide good use for shorting like in the BTC downtrending:

Trade active

This trade is now inverted, SHORT:

Comment

We are still shorted but the market is looking unclear at the moment, with a slight bias downtrend:

Trade closed: stop reached

We got a stop loss shorting, It will inverted (again) after 3323 and will Rocket to the space !!

Comment

I am waiting for a new breakout, not on the green line, as it is now a minefield of traps, but the last recent top:

Comments
pozdrav
hahahah when rocket
bitcoin
@pozdrav, see last comment on idea, waiting for last recent top
pozdrav
@bitcoin, yeah i see resistance on the cloud at 3400
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