Bitduke

XBTUSD: Trying to break up resistance

Long
Bitduke Updated   
BITMEX:XBTUSD.P   Bitcoin
Despite the general lack of positive market sentiment, Bitcoin was successfully bought out on support and trying to break up local resistance now.

I think small scalp long may be admissible here because it if breaks it surely will run to the upper resistance.

Invalidation - close below current 4h bar open.

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Information is just for educational purposes, never financial advice. Always do your own research.
Trade active:
Rejected on 1h timeframe at resistance, will cover position if it will drop further

Comment:
Still in this trade, have no plans to close i yet

Trade active:
Trade is still open, target is tighten

Trade closed manually:
Closed for +3.16%. Monthly close is near, expect volatility.


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