The last trade went great with hitting the TP as planned - I do however have a long term holding which I will continue to hold as an investment rather than short term trading.
ARB has seen a significant pullback since hitting that TP level but appears to be taking a much deserved & healthy break with it currently appearing to be retesting the 0.5 level.
If BTC was...
ARB has seen a recent surge with appointment of a new CEO along with the increasing interest in crypto which has seen RIOT, COIN & MARA all provide good gains.
Are we on for a surge to 17.50 once we manage a close above 12.50 or are the bears seeing this as a massive H&S to the death?
LSE:ARB
Although it could be argued by some that the market needs to cool off, I'm not one to get in front of a moving train and as the saying goes the trend is your friend until the end.
With a good risk to reward ratio i'm comfrotable entering from here with an expectation of wicking out the stop before continuing higher.
COINBASE:BTCUSD
