Measured Move to about 53800 & change, approx, not guarantees. Daily close above the "magic number 50k" should keep the normies happy. Not much technical significance of that otherwise.
Full disclosure, I have a small levered position from lower. I will be moving my stop up as we go, so even if we go higher, I might be taken out. Trying to be patient on this one.
Full disclosure, I have a small levered position from lower. I will be moving my stop up as we go, so even if we go higher, I might be taken out. Trying to be patient on this one.
Trade active
Just watching moved the right shoulder down, so it is now in line with the left shoulder.
Trade active
Hodl.Theory, bears have had 17K of fast selling and it wasn't enough for many of them, therefore they are over-leveraged and overextended on FUD. We might go down, we might not. I think that the shock has worn off to an extent, hence we have some stability now, worth it to just keep this, with stop above entry. Again looking for a move over 51K to confirm.
Trade closed: stop reached
Stopped out, a pittance for a profit, my fault.
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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.