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zachwill
Mar 28, 2018 3:23 PM

BRD vs USDT (H&S) Long

Description

Basic idea of the formula: USD/Tether buying power of Bitcoin vs Bread.

When the chart looks bullish: best to have your money in USD or Bitcoin.
When the chart looks bearish: best to own Bread (BRDBTC).

MACD and chart pattern would indicate to me: think we're going to see an uptick in the value of Bread.

Trade closed: target reached

Wasn't a H&S -- but there was definitely some distribution/accumulation in the mix. Ended up working out regardless.
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