BitcoinLong
BTCUSD bullish signal
Updated
It's been about 6 months since I got the last bullish signal for BTCUSD.
The long-term moving average is still above, so I am not suggesting that BTCUSD is going to 1mil anytime soon, but if we are to see a trend in the future, it has to start somewhere. Today could be that day. Only time will tell.
First thing to look for is a move to TP1, then Stops will be moved to Breakeven on the position. After TP 2 we start trailing stops.
The long-term moving average is still above, so I am not suggesting that BTCUSD is going to 1mil anytime soon, but if we are to see a trend in the future, it has to start somewhere. Today could be that day. Only time will tell.
First thing to look for is a move to TP1, then Stops will be moved to Breakeven on the position. After TP 2 we start trailing stops.
Note
Profits at TP 1. now trailing stop at BreakEven
Note
After today's US CPI figure BTCUSD touched 18k Trade closed: target reached
would have taken profits for 2R, the rest can trail the moving average
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