BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
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Comment: Still within channel and added golden cross data

Comment: Moved stop to profit
Comment: Moving up well, 5700+.

Personally i think we probably will break up from here, so I'm keeping my original long going.

Comment: We have a decent shot at 6k, just based on resistance zones. If we can get past that then 6.4k. But this is where I feel things get tricky and as I've written in previous tweets, I think there is a strong possibility there will be a prolonged period of bouncing up and down in a range like 3-6 for example. Before we really push into the next super bull run. But as ever, we'll assess as we move along.

Comment: 3 taps on resistance, and up:

Trade closed: target reached: Closing most of my position here. I've been long since 4086 and closed out at 6300. Good trade.
Comment: I hedged the remaining position against a short, thereby locking my profits in. I've now cut the long, and remain short from 7721.

New thread:

Trade closed manually

Comments

wrong.... still short, but gl
+2 Reply
dinopiccinin tredishion
@tredishion, Lol I see this type of comment on TV all the time. Whether he's right or wrong is yet to be seen.
+1 Reply
MusclesCrypto_ dinopiccinin
@dinopiccinin, I can see where he's coming from, there has been a lot of exuberance in this market which gets annoying.

But in fairness to me I've been long since 4086, and I many of my previous ideas were short. I just think we have another leg up before we reassess.

However yes, we are all just in the business of predictions. No one really knows for certain.
Reply
tredishion MusclesCrypto_
@MusclesCrypto_, well i think u got it more correct than me after all, its looking a lot like i should have longed :D
+1 Reply
MusclesCrypto_ tredishion
@tredishion, very gracious of you to say so. I've moved stop to profit, and locked some in. This was a separate scalp to my long bias (from 4086).

However I would need more evidence to support this being the start of the new bull run. I feel we haven't seen enough evidence for that yet. So we may still have more legs down...
Reply
tredishion MusclesCrypto_
+1 Reply
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