We are looking for a trigger on a break back over the psychological level 50,000 in XBT. A good risk conscious trade might be to buy on the break over 50,000 with a stop under 47743 and a target of 56566. A trailing stop on some of the position would be prudent as this will be a break into all time highs.
Trade active
Triggered overnight and is off to the racesTrade active
stop moved up to 50702.7 to lock in a 1.5% gain and let this sucker runTrade active
Taking 1/3 off the table at +10%: 55,000Note
took another 1/3 at 56,000... trailing the final 1/3Trade active
trailing stop moved up to 53556.5 on last 1/3Trade closed: target reached
great trade! final 1/3 stopped at $55,000
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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.