On September 30, 2017, price broke above the 50 simple moving average (SMA) and stayed above the 50 (SMA) for 3 months. Within those 3 months, there was a price gain of over $15317, where price moved from the high of $4349 on September 30, 2017, to the high of $19666 December 17, 2017. Currently, the market is telling us that it is time to sell with yesterday candlestick close confirming the sell trade signal. See pricing information for this trade sell signal on the chart.
Trade active
@ 12814.05Note
Bitcoin is on the move; targeting 8365.01 for standard exitNote
Still short on this tradeNote
Bitcoin trade below 9000.00. Our target for this trade is 8365.01 (standard exit)Trade closed: target reached
4394.35 cents move in the bag after standard hit @ 8419.70.
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Disclaimer
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.