Long

Closed all shorts on BTC, Should have a nice bounce soon

Updated

Have now closed my shorts and opened some longs. Will add to longs if this does start to look like a good bounce and more volume comes.

Have been trading this channel for some time now, hopefully it holds.

Note

Back above an hourly resistance on BTC, could see a nice little pump if if stays above it.

Trade active

Still holding my long from a few days ago, if we manage to break out of wedge this weekend then we should see the top of this pennant.

Trade closed manually

Due to the fakeouts and large dumps we've been having every weekend for the last few weekends, I decided to close my long last night with good profit. Would rather come back Monday to re-access the market situation and possibly re-enter if favorable.

Note

Currently, BTC has formed a bear flag just like the previous 3 weeks of trading. Every weekend it has broken down so monitoring it carefully for a possible short scalp.

Note

Are we going to have one more small push down?

Trade active

Trade still active, beautiful break from the descending wedge

Trade closed: target reached

Target reached. 5.5 R/R

TheCryptoRuler

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