Long BTC or XBT
We are in a very uncertain situation. That is why i am eyeing BTC and not other alts because i am expecting a big move. And i think that move will go upwards, BUT it can go downards, as many mechanical indicator say that. So? Tight Stop Loss, good RR again. Let´s hunt some profit!
Why can it go upwards?
No doubt we are incredibly accumulating. Nice volume spikes showing off. Bitcoin has been testing too much times the 7460 resistance showing more weakness everytime.
Fundamentals are bullish: DeutscheBank suggested publicly that Bitcoin could overcome FIAT-currencies.
I want so see this last 4 hour candle close on top of my white line in 7390-7400. That would be a strict bullish sign.
Would take profits in 7600, and close at breakeven if that happens, or straight to 8000. Again, risky trade, so low leverage, low percentage of account, and TIGHT STOP LOSS, as i put it in 7189. Good RR.
enjoy!
We are in a very uncertain situation. That is why i am eyeing BTC and not other alts because i am expecting a big move. And i think that move will go upwards, BUT it can go downards, as many mechanical indicator say that. So? Tight Stop Loss, good RR again. Let´s hunt some profit!
Why can it go upwards?
No doubt we are incredibly accumulating. Nice volume spikes showing off. Bitcoin has been testing too much times the 7460 resistance showing more weakness everytime.
Fundamentals are bullish: DeutscheBank suggested publicly that Bitcoin could overcome FIAT-currencies.
I want so see this last 4 hour candle close on top of my white line in 7390-7400. That would be a strict bullish sign.
Would take profits in 7600, and close at breakeven if that happens, or straight to 8000. Again, risky trade, so low leverage, low percentage of account, and TIGHT STOP LOSS, as i put it in 7189. Good RR.
enjoy!