Lots of consolidation in BTC recently, this allowed for technical to settle as well. MACD has now crossed, potential for inverse H&S patter and near term tgt of 16K. I like blockchains as a trade her and grabbed some TTEUM (2.38)and small position in others.
Note
Trade closed: stop reached
idea partially worked, saw the original bounce off the MACD cross but there was lack of continuation, stop losses were hit onto the next trade idea. Note
from the cross we had about 1200 move on the coin, maximizing profits would have only come with a trailing stop in this situation.
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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.