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Bitcoin
Long

Another round please!

By andoverg
Updated
BTCUSD showing it's hand. Looking at the last two pumps to get us over the H&S, looks like there is one more in store for us. A quick drop to lower the RSI and it is off to 7700+ before a healthy retrace. Enjoy!
Trade closed manually
UPDATE: Well, this played out as I anticipated, but when the pump was attempted, no volume came to the aid. Closed the trade at $7405 once it was clear the failed attempt would drive Bitcoin down.

This was an extension of an original trade from the bottom, so I was well in profits and let the trade lingerie to see if we would test the 7700-7800 range. Seeing the pump setup looking familiar and already in profit, I thought the R/R was worth it. No harm done!

Buying the dip and will await the next attempt at the top of the triangle with Bitcoin's refreshed RSI.
Chart PatternsTrend Analysis
andoverg

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