Mitchel_L

update

Long
Mitchel_L Updated   
our position is still open from 32 cents leverage x2, i have set a stop loss at: 0,3355 i dont want to take any loss on this one we either break out from here or we go down again. Positive sign is that its still coiling up the resistance line in the past we have seen a short wick hitting the resistance it seems this time is different. If it breaks upward its hard to tell where it will end we have seen pumps of 200% im looking for the 50 cent region now and from there we look further which patterns will form and how the RSI is behaving

bullish sign IHS on the 4h
bullish sign: coiling up against the resistance line

Bearish signs: can still form a descending triangle that brings us back to the 22 cents region maybe even further if BTC loses support thats why we have proper risk management here
Comment:
Would be a nice place to take profit here we have a rising wedge on the 4h. I dont expect anyone copieng my trades but just in case:)
Comment:
new stoploss at:0,4091 currently at 60% profit
Comment:
Position closed!

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