Coinbase builds maybe a inverse SKS.
The break through the neck line has already taken place.
The fundamental figures and future prospects also look very good to me.
Bitcoin is also doing very well.
Stop Loss below 172$.
Long-term target 370$.
The ratio is over 5.
The break through the neck line has already taken place.
The fundamental figures and future prospects also look very good to me.
Bitcoin is also doing very well.
Stop Loss below 172$.
Long-term target 370$.
The ratio is over 5.
Trade active
Here is a good example of why I only set a virtual SL and decide according to the daily closing price.Normally I would have been kicked out of the market because I place the SL under the left shoulder in an inverse head and shoulders. This is a difficult decision, but I stay in the market for now and decide the next few days.
Trade active
In the meantime, the price is even back above the right shoulder. The results will be published today after the market closes. This entails a risk. However, I am letting the trade run because the fundamentals are strong.Note
Perhaps Coinbase is building support at around $164. The overall market is very weak because of the tragic events.
Trade closed manually
about 23% loss
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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.