Do we bounce here

2018年9月12日

I'm still watching the downtrend slope which has guided most of my trades since May
In hindsight it looks too easy:

long the chop zone with low leverage and ride the uptrend
Sell to fiat as soon as you break the 20-day SMA down
rinse and repeat

but the retroscope is always 20/20 vision

I'm expecting a bounce out of this zone and back up to 7k, the question is, will this be the time we break out of the trend

I'm still following the rules above but my leverage is low and I've stops in at 5.9k Just to keep out of trouble