Bitcoin-089

MCO/BTC next try to get out. Anyone DCA? Trend Analysis

Bitcoin-089 Updated   
BINANCE:MCOBTC   None
Hi Fellas,

this is my next Idea to be able to move some of my funds. I've made a trend channel but due to the actual situation I think this will go back to the small 50 retracement. Then there is again my buying area. I will wait for confirmation. If we cant hold it due to EMA resistance and missing volume I will keep an eye on it and look for another buy opportunity.

The red line is my "old" AVG price from a couple weeks ago (yes, weeks) and the green one will be the new AVG price. So I should be able to get out with apprx. 0.5-1% gain. If MCO pumps and the indicators gave me more confirmation I will hold.

Cheers,
bitcoin-089
Trade active:
wating for next buy point. order been placed. So yes, i'm getting out.
Trade closed: target reached:
So, one and done. Took out a decent profit. Expected this one.
Good luck trading.
bitcoin-089

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