BTC Long

2020年9月12日

Hey All,

If it closes below 20 day average as seen on this shot with the arrow. I'd go for a short position.
This is however on a short timeframe.

Looking at the daily chart, i'd be looking for an entry for a long position.
Because we're very close to a big support, this could be a precursor for a big move up.

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This information is not a Recommendation. It is purely for Educational Purposes.⠀
⚠ Keep in mind this is just a prediction, i might go in on this trade but stick to your own strategy and method.

2020年9月12日

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Here is the short position i mentioned

2020年9月14日

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Price action wich promted my entry.

2020年9月14日

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In any case, a nice 4% rise since my entry

2020年9月18日

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First target, the 2nd resistance line is hit, this was where i took out some profit and ill just let the rest go in a risk free trade to see if we can reach the last target as shown in the snapshot above.