DatCryptoBoi

BTC/USD Inverted Bart / long setup to 8.8k

Lång
DatCryptoBoi Uppdaterad   
BITFINEX:BTCUSD   Bitcoin
The 3-week sideways has finally ended!

I nearly sod'led the bottom several times, got rinsed out and chopped but decided to get long with whole account, no leverage in the 7k range

- 50% BTC @ 7k
- 20% LTC @ 117
- 30% ETH @ 400

Now we see the infamous bart pattern on the 4-hour but this time inverted!

Expect some consolidation at 7,700, might take several 4-hour bars to churn through the bag-holders. After that more upside into 8k range.
Handel aktiv:
The Fomo is real :D

I wouldn't buy this if not already long, but since I'm long from 7k, I'm holding

:cocktail:

Resistance overhead in the form of the 50 & 200 day Moving Average.

Handel aktiv:
Looking for the following (or similar) setup to add to long

Handel aktiv:
Still waiting for a good signal to add to long. Doesnt look like we are there yet. Either painting a bull pennant or rounding top

Volatility /range is decreasing which is good and still making higher highs

Handel aktiv:
Opened a small margin long position 8013, stop 7767. Looking for continuation UP from symmetrical triangle building
Handel aktiv:
_Iii belieeve I can flyyyy_
_I belieeeve I can touch the skyyyyy_

Handel aktiv:
Breakout has occurred. Weaker than before, potential to reverse at daily 50 MA which is about 8600 just overhead or log downtrend line at 8700. Watching carefully

Trade stängt manuellt:
Fell short of the target, 8450 not 8800, so for now this continuation trade is closed, looking for another setup.

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