Bitcoin is now out of the channel that brought it from 7200 to 3600 in less than 48 hours. Hopefully it will not go back into that channel, because that would mean sub 3K.
액티브 트레이드:
New channel found. Let's see how this plays out.
거래청산: 스탑 닿음:
Stopped out of this one. We're not seeing a rebound yet, it can go sideways for a while through the capitulation phase before we see a true bottom.
액티브 트레이드:
Another move out of the channel is about to be tested.
코멘트:
And we're off!
거래청산: 스탑 닿음:
Stopped out of this one too at a small profit. Pattern was broken so all bets are off.
액티브 트레이드:
Back in... got faked out of that.
코멘트:
This trade is done. It was good while it lasted!
코멘트:
Just to recap, this is how I identified the bottom. The move back up was more gradual than expected.