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Spicyy

30th August 2019: Long BTC (Hedge against my current short)

Long
Bitcoin (BITMEX:XBTUSD.P)  
Spicyy Updated   
BITMEX:XBTUSD.P   Bitcoin
Supply and Demand Support and Resistance LONG BTC hedge bitmex PURE price action
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supplyanddemand supportandresistance long btc hedge bitmex pure price action
In my earlier post I said that due to the rangebound nature of BTC right now I have to be prepared to hedge my short position. I have just got my confirmation for a long entry.
Comment:
Finally some follow through!
In roughly 50% up-draw at the moment, I'm hoping for another round of buying however I am feeling doubtful since the run up looks kinda parabolic on the low-timeframe.

Will be prepared to hedge this position with shorts if I get further confirmation.
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