Investorito

Limit Sell placed for BTC/USD

Long
Investorito Updated   
COINBASE:BTCUSD   Bitcoin
I am not sure what your entry price (my current average is around 13,500), but I am planning on selling a bunch (3/4 of my max position) at $16,700. The prominent Point of Control is already acting as strong resistance and I am expecting that it will take a while before it can take it.

On the next push up, I hope to liquidate a ton around BTCUSD 16,700 and then reload when it gets to outside of value below 14,500.
Trade active:
Added more at 14,200
Comment:
There are big blocks on the order book at 15,300 (over 100 coins). If we break below 13,000 will be closing all positions.

In the news front, there are news that Korea is putting pressure on regulation for crypto. Also XRP is rising fast and there is a chance BTC money is moving into XRP.
Trade active:
Still holding position. So far balancing between 13,500 and 16,500 per my comment to @Cryptobee
Trade active:
The volume profile looks really good and now creating a nice bell shape and it seems like this part of the auction is completed. Added more at 14,100. Expecting prices to start heading back towards the point of control at around 16,700.
Trade active:
Trade is still active. despite spending a lot of time below, the Point of Control remains unchanged.
Trade closed: stop reached:
Target Reached. Taking Profits here.

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