Bitcoin at a cross roads area of $3888

Hi Guys,

I thought i would share a set up, I'm initially looking for a 4hr sell signal on Bitcoin from our Algorithm and then looking to get long for higher prices. I've created a crypto algorithm which will pick the trade live.

The next targets to the upside are $3,888.22 to $3,915 were I expect to see resistance.

The selloff could be back down to the $3,600 area again before another run higher towards $4,372 and then $4,655 and $4,829

I'll keep you posted as we go.

Cheers

Moss

Comment:

The Crypto algo triggered a sell at $3,828 it's currently sitting on support at $3,795, could still push higher to that $3888 level. Will post update from the algo as they are generated.

/Users/mossyb2021/Desktop/IMG_0600.jpg

Comment:

drive.google.co...XKBbfD-Epm/view?usp=sharin...

Trade closed manually:

Got a signal to take profits from the shorts generated from $3,828 @ $3,797
Longs got generated now which were bought at $3,798 not sure if this will retest the $3888 area or if it will be a shorter term relief rally before it sells off to retest that $3656 area. I'll keep updating what the Crypto algo alerts provide for this idea.

Comment:

Still holding longs from $3798 and also got another alter to buy another position on the 8th Jan @ $4,000 for a target of $4,372 next.

Does anyone know how to add additional charts into these comment sections?

Trade closed: stop reached:

Well that was quick the stops got hit on the second fill at $4000 for B/E and closing the longs now from $4797 @ current price $3812. Will update again once price settles down.