Bosamuelson

EMA200 4H flip and hold.

Long
BINANCE:DATABTC   Streamr DATAcoin / Bitcoin
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2
DATABTC over the last days has flipped the EMA200 on the 4HR. Invalidation for me is the 1HR 100 MA which is where the SL is set (just below).

Comment: I have lowered my SL to 783, I thought the 200EMA would be higher if/when there would be a retest.

Let's see, fingers crossed.
Comment: No disco party on this trade, when considering the trade again a week later the retest of the trend line was already completed on the diagonal (see 15th of May).

I still think the theory was OK and will try again. SL triggered at 783 (a mistake to lower it) so not too damage done.

Onwards!