SnowyXBT

LONG to 9870

Long
SnowyXBT Updated   
BITMEX:XBTUSD.P   Bitcoin
Long to 9870, possibly short there depending on when we hit it...

Weekend pump and dumps like this happen often.
Will likely cancel the short at 9860 if we hit this after today (Sunday).
Comment:
Adjusted stop loss to breakeven.
Also watching for the possible SFP at the 9765 high.

Trade closed: target reached:
Closed here. BTC and ETH both overextended on LTF so I don't want to hold for too long because when they pull the rug we will get a fast down wick that may hit my stop
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.