My2Sats

BTC Update! Moving along as planned

COINBASE:BTCUSD   Bitcoin
Not a bunch to update. We got the break a few days ago we had been waiting for to allow for low risk entries into BTC. We were then looking for a bull flag or perhaps a re-test of 12 EMA to see if it could once again hold as support before giving continuation. We received the re-test to exactly our 12 EMA and bulls have taken us higher again today. Traders can now utilize higher lows on 4 hour or even daily chart for stops to keep the trade in profit or opt to scale out and take some profits along the ride up. Love the low risk trade entries. I did notice some alts pulling back which should only assist BTC here as many sell into BTC from the alts. Hoping for a solid green day today and will consider locking in some profits on my personal trade.

Just My 2 Sats!
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