So using a small amount of BTC i had laying around at cex.io, I decided to practice my trendline/fib strategy skills on this crypto pair.
As you can see, a nice uptrend channel has moved up fib levels and may be in one pull last pullback before hitting the full retracement.
I going optimistically long using MACD crossing as confirmation that we're still in an uptrend and setting target at around 0.097791. Lets see what happens
As you can see, a nice uptrend channel has moved up fib levels and may be in one pull last pullback before hitting the full retracement.
I going optimistically long using MACD crossing as confirmation that we're still in an uptrend and setting target at around 0.097791. Lets see what happens
Trade closed: target reached:
Yes! Looks like it worked out. Time to do some backtesting and see if I can grow this little BTC account.
