Bitcoin does a drop then pop LONG
Updated
BTCUSD three days ago did a drop to take out stop losses and get shorts to take profit. Since
then it reversed climbing over a price of 45.4 K. The MACD lines are under the histogram which
just flipped negative to positive indicating the beginning or recycling of bullish momentum.
The RSI indicators are not at all in overbought territory no matter then run up over the
following three days. Relative Volumes are about 3X the running average. CLSK Clearspark
reported today and surged. Anyone who played my options idea for it, saw a 300% return
overnight. HUT likewise. Although I did not post an idea, BTBT got even more altitude and
got over its past year high while still only 20% of its all-time high, Is this with the crypto
resurgence at its onset predicted by both pundits and fortunetellers? Maybe or maybe not.
But what it might be is an opening to get into your favorite crypto play while the momentum
continues. I would seem that the most aggressive is near-term options on equities approaching
earnings. MSTR is a megacap slow moving and it got 25% in the past five days on the share price.
The small caps are moving much more than that. If you have cash in reverse this might be a
to deploy it judiciously here in some of the crypto action, in my opinion.
then it reversed climbing over a price of 45.4 K. The MACD lines are under the histogram which
just flipped negative to positive indicating the beginning or recycling of bullish momentum.
The RSI indicators are not at all in overbought territory no matter then run up over the
following three days. Relative Volumes are about 3X the running average. CLSK Clearspark
reported today and surged. Anyone who played my options idea for it, saw a 300% return
overnight. HUT likewise. Although I did not post an idea, BTBT got even more altitude and
got over its past year high while still only 20% of its all-time high, Is this with the crypto
resurgence at its onset predicted by both pundits and fortunetellers? Maybe or maybe not.
But what it might be is an opening to get into your favorite crypto play while the momentum
continues. I would seem that the most aggressive is near-term options on equities approaching
earnings. MSTR is a megacap slow moving and it got 25% in the past five days on the share price.
The small caps are moving much more than that. If you have cash in reverse this might be a
to deploy it judiciously here in some of the crypto action, in my opinion.
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Link to HUT posted idea
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Link to MSTR posted idea
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Link to CleanSpark posted idea:
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Bitcoin is pumping and my crypto stock options are at high altitude. will there be a letdown to the afternoon to take profit and lead off the weekend? If so, I will have an opening to back up the truck and take more on the transient discount sale. Watching now.Trade active
The new target is the psychological resistance of 50,000. I will take a partial of 1/3 at 49750 and let the rest run. Alerts to notify of loss of price on rising falling volume.
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