philipdinu

BurstBTC - 4H/Daily Trend Continuation

Long
philipdinu Updated   
Burst has recently broken out of the Daily and 4H MA clouds and has been trending upwards. I will be looking to enter positions on a high momentum move to the upside or when price action starts forming closer to the 4H MA cloud.
Trade active:
Positions opened with the high momentum move to the upside.
Trade closed manually:
-20%. Closing positions here as price action is indicating a move closer towards the daily MA cloud ~250 sats. I will look at reopening positions once we arrive at the cloud or price action indicates direction might be changing.

Trade active:
After retracing back down to the bottom of the 4H cloud, price is forming a Head and Shoulders reversal pattern. Coupled with this, the previous two 4H bars have both bottomed out at the .0351 level which also corresponds to the Tenkan-sen line on the 4h ichimoku cloud.

Opening up some positions here with tight stops.

Trade active:
Daily View with white doji building.

Trade closed: stop reached:
Positions closed out on break even when stop loss was hit due to BTC volatility.

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