DOCK/BTC got dumped hard on Bitcoin's big move, and it pulled back to a strong support cluster 290. We have the .5 fib at 290, the 200 day moving average at 289, and we should have an S/R flip at this level given how strong of a resistance it was before being broken on DOCK's run up to 435. High risk as Bitcoin is still all over the place and alts could easily continue dumping. Also, if anyone is feeling generous and would like to support me and my TA, I accept Bitcoin donations! Any donations are greatly appreciated as I am a full-time student in college and it would really help me out! My Bitcoin address is down below in the Signature box. :)
Moving average guide (All daily for this post):
50 day MA in Green.
100 day MA in Yellow.
200 day MA in Red.
Entry: 290-300. The closer to 290, the better.
Target 1: 310
Target 2: 335
Target 3: 350
Target 4: 375
SL: 280 (Beware of possible flash crash wicks.)
-This is not financial advice. Always do your own research and own due-diligence before investing and trading, as for investing and trading comes with high amounts of risk. I am not liable for any incurred losses or financial distress.
Moving average guide (All daily for this post):
50 day MA in Green.
100 day MA in Yellow.
200 day MA in Red.
Entry: 290-300. The closer to 290, the better.
Target 1: 310
Target 2: 335
Target 3: 350
Target 4: 375
SL: 280 (Beware of possible flash crash wicks.)
-This is not financial advice. Always do your own research and own due-diligence before investing and trading, as for investing and trading comes with high amounts of risk. I am not liable for any incurred losses or financial distress.
Trade closed manually:
Exited myself as BTC is looking really rough. Setup is still good, but very concerned that btc will ruin the party.
Comment:
For those who remained in it, it just hit target 1 at 310.
Comment:
Target 2 at 335 has been hit for those still in this one.
Comment:
Target 3 at 350 has been hit.
Trade closed: target reached:
Target 4 at 375 has been hit.