If we start closing above this 0.0076 level and trend up, we will have a huge, market-wide blow up of prices. That aside, I punted a long here.
Fingers crossed .
Trade closed: stop reached
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Stopped for now. Still liking this setup, depending on BTC's behavior I will re-enter with PA. For now observing it closely.
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Everything got canceled. We focus on BTC only for time being.
The whole pandemic situation has shifted the status quo and we as traders need to be on the observation side and jump in only when the time is right. Which as of now is not.