MrC-CHF

Short-term long on BTC given support @ 50% Fib

Long
BITMEX:XBTUSD.P   Bitcoin
Price broke through 50% Fib before climbing back above and finding support. Additional support forming on 50-period EMA (confirmation). Also may be seeing a possible IHS pattern. Price nearer to support (green zone) so attempting a long here. 3.8% loss vs. 7.5% gain.

Longer-term: Still a bit bearish (targeting $6.3-7.2k) so setting conditional sell/hedge orders under at Stop-level from above
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.