Breakout and closed 4H candle on decent volume.
Measured move is at 2715 so at that point i would sell half my position. I would let the rest of the position ride on a 1H 50 period SMA.
Stop is at the beginning of the 4H breakout candle (2371)
Bitcoin is doing nothing at the moment which would be a positive sign for any potential alt coin moves.
Measured move is at 2715 so at that point i would sell half my position. I would let the rest of the position ride on a 1H 50 period SMA.
Stop is at the beginning of the 4H breakout candle (2371)
Bitcoin is doing nothing at the moment which would be a positive sign for any potential alt coin moves.
Comment:
Taking half my position of here since the target of the measured move got hit exactly at 2715
Trade closed: target reached:
Selling rest since its starting to go parabolic