UpbeatFX

Bitcoin takes a breather

Long
UpbeatFX Updated   
BITMEX:XBTUSD.P   Bitcoin
Bitcoin has been in a down trend recently and it takes a bit of breather here for a short time. We will see if the bulls can overturn the trend with this.

Entry: 7200
Stop/Loss: 6900
First target (1/2 profit): 7550
Second target (The rest): 7800

Just like my Nasdaq trade last week, I sometimes close before it hits my stop level if the look of the product changes. So, follow the idea (or me, if you appreciate) to track how it goes.

Have a good weekend.
Trade active:
Looks like we could have bought it in lower prices but it still looks good. Keep it up!
Trade closed: stop reached:
Quite unfortunate, next time we will be more careful with this pair.

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