XBTUSD - Kraken - New Highs Coming...
I think the market will give us another buy opportunity inside the red outlined green box, which is the point where the trend line support meets with the ATH of 25.05.2017. I would place the targets based on the Fib Extension, and a stop after a lower low.
This is not a trading guide. Trade only what you can afford to lose.
This is not a trading guide. Trade only what you can afford to lose.
Trade active
1hour ChartNote
Last buy before moon in this area.
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wrong link...Note
1hour ChartSpot on. I only had an order on top of the square to make sure I got it filled. Now it's just a matter of time to see if we are indeed going for new highs. Lower highs for now, though.
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1hour ChartSeems to be a Bull Pennant. Thinking on moving stop a bit higher after a higher low, later tonight or tomorrow, depends. Looking good.
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1hour ChartNot liking this new red triangle. Moved stop to 2677 in case 2722 fails. Will probably exit if 2722 is touched again while I'm at the computer. A close above the MA20 (Grey) and/or above the red triangle will set us back to a bullish bias, IMO. Close above the magenta line was good news, and so was the open of new 1hour candle.
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6hour ChartFor a better view of where the Blue support line came from.
Trade closed: stop reached
Closed at stop. Waiting for more blood before buying. Seeing 2300-2400 as lowest possibility for now.
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