Bitcoin (BTC) MA Death/Golden Cross Analysis (Part 7) --> +11.1%

We crossed the MA yesterday and have crossed over the $7.4k, marking a beginning of our 4th segment. Go back and read through my analyses using this strategy, we're up over 11% during this decline! While it is still falling, let's hope this leg locks in some more profit vs USD! In terms of BTC, we're up 55% over the past couple of months!

Segment 3

03/18/2018 - BUY $8,300
03/22/2018 - SELL $8,700
04/01/2018 - BUY $7,150
Beginning ($): $10,650
Ending ($): $11,100
Beginning (BTC): 1.28
Ending (BTC): 1.55

Segment 4

04/01/2018 - BUY $7,150
TBD - SELL TBD
TBD - BUY TBD
Beginning ($): $11,100
Ending ($): TBD
Beginning (BTC): 1.55
Ending (BTC): TBD

Follow the strategy, trade on the signal, and profits will come!

Trade active

Until the MA clears the buy-in price, I'll be using the red line ($6.9k) as a hard stop-loss.

Trade closed: stop reached

As stated, $6.9k was our stop-loss trigger. This was a very short long leg in this segment, and I'm closing this out to start a short tracker.

Note

Track the short here:

Bitcoin (BTC) MA Death/Golden Cross Analysis (Part 8) --> +7%

dsgorthy

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dsgorthy