breakoutfakeout

Hidden divergence in BItcoin looks a strong buy.

breakoutfakeout 업데이트됨   
COINBASE:BTCUSD   비트코인
My thoughts on BTC current price action with some education from my 30 years of trading experience.

If we get a fake break of what some traders might see as a head and shouders on the 4hr thats a great buy signal or we could begin to enter now at around 26500 if we see the bull flag.

Great divergences on the daily indicators- see video and rising 200 MA. All very strong bullish signals.
액티브 트레이드:

Entered my long as per video above on the head and shoulders fakeout as shown
거래청산: 타겟 닿음:
Price starting to move rapidly up now towards the 28500 level as predicted. The key will be can it get there before the daily 100 period MA curls down beneath the 200 MA. The 200 is still rising though and so i think its likely we will hot the 28500 and perhaps move higher. Let's watch it closely and see as anything can happen.
액티브 트레이드:
Thats an error above- trade is open not closed and still rolling
거래청산: 타겟 닿음:
Profits taken at 28500 target. Almost a 10% move on this trade from 26500.

About me: I'm a retail day trader (trading since 1993). Most ideas here are for short time frames and become profitable quickly. I take profits fast as things change fast. 1-2-1 mentoring sessions available.




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