Putrid_Shittgenstein

BZRX Has Hit Rock Bottom

Long
BZRX has broken out of it's descending wedge. Excavo went long immediately afterwards, I decided to wait for some buying confirmation.

It looks good, and ETH is doing well today.

Interestingly, the headlines in the news is that Trump is with Pelosi on a huge fiscal stimulus spend, Pelosi and Trump are calling for 2.2 Trillions in direct aid.

That is incredible.

In addition to the 120 billions being printed monthly by the FED, this is very bullish for Crypto and Gold, Silver.
Comment:
Gone all in.
Comment:
Booked profits at .3290
Buy limit order placed at .306
Comment:
Moved the limit buy to .290 since expecting .618 retrace

Trade active:
Back in at .29
Comment:

Elliot Wave ideology suggests next target is 1.618 extension at .40 cents

This corresponds with resistance level too.

Excavos trade target is .3733
Trade active:
All in.
Trade closed: stop reached:
Trade closed .... was a nice weekend. Overall profitable, looks like BTC will crash here.
Comment:
Trade Diary Entry:

This instrument was extremely illiquid when exiting the position, which eroded profits. Important to exit if BTC looks weak AND before BTC goes down as there was no bid.

Was a fun rollercoaster though.

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