landracer

Approaching Support - Follow-Up

landracer Mis à jour   
BITFINEX:BTCUSD   Bitcoin
This is a follow on to my 1/31/18 post. I was looking for trend line and 50% BB support at the 9k area, bought 1 long at 8820. Support zone broke, and bought 2 longs at 7800 within a horizontal support band from previous consolidation. Will buy 3 longs between 6000-6300, if we get there. Will sell a position each in the 16k and 19k horizontal resistance zones if/when we get there, to make dry powder for potential pullback buys.
Commentaire:
The correction hit my target and I picked up 3 positions at 6100. This chart is quite a mess, but the next potential horizontal support zone is around the 5k mark, so if we go there, will pick up 5 positions.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.