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grizzbtc
Jan 29, 2019 7:49 PM

BTC Long trade Long

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

more of an intuition trade. Support not broken until a daily close below 3419, 200 week MA is also waiting below it, sell volume has been low, hammer candle starting to form on the daily, panic seems high on social media.

long 3380-3405
targeting 3550, 3750, 4000, 4250
s/l 3200

Comment

struggling to break above 3470. closing 50% of position and moving stop loss to 3410

Trade closed manually

closing at 3450. seeing weakness
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