New ATH's are currently being made on Ethereum and I think its far from done. Bitcoin is near its peak at $1500-$1550 USD; once it dumps the money will flow to Ethereum , pushing it to the $130-$140 area.
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Current thoughts on this trade.
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Price has broken out of a bullish pennant.
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Buckle up. 4h momentum in the green and it seems the move has started sooner than I had anticipated. Only thing that has changed since the idea has been posted is the fact that Bitcoin is no longer retesting 1100 support. This should still play out, as I think Bitfinex will stay below 1640 for the next couple of days.
Trade closed manually:
1D SAR swap. Closed long opened short. Target of $60 USD.
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