CVC/BTC | Long over 3500 satoshi
Updated
Watching CVC/BTC for a confirmed breakout above the current descending trend line. Looking to see if support is found on the 50 day, then watching for consolidation in the 3500 - 4000 satoshi range.
Once consolidation has been confirmed, watch for a breakout above 4000 satoshi.
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Buy #1 - 3500 satoshi
Buy #2 - 4000 satoshi
Stop Loss - 3200 satoshi
Target #1 - 6000 satoshi (stop loss bumped to 5400 satoshi)
Target #2 - 8550 satoshi (stop loss bumped to 7700 satoshi)
Target #3 - 10750 satoshi (stop loss bumped to 9750 satoshi)
Once consolidation has been confirmed, watch for a breakout above 4000 satoshi.
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Buy #1 - 3500 satoshi
Buy #2 - 4000 satoshi
Stop Loss - 3200 satoshi
Target #1 - 6000 satoshi (stop loss bumped to 5400 satoshi)
Target #2 - 8550 satoshi (stop loss bumped to 7700 satoshi)
Target #3 - 10750 satoshi (stop loss bumped to 9750 satoshi)
Trade active
Hit all targets, still holding 25% position.Considering buying back in on the pullback to 50day moving average.
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