Bitcoin Bulls Got Their Breakout But They Need Follow Buying
Mis à jour
Bitcoin bulls got their breakout at "A", but can they get follow-thru buying - any bar except a bear bar. Follow-thru buying on the next bar increases the chances of a measure move higher testing the bottom of the trading range at 3. But a weak follow-thru bar will likely encourage bears to short again for move lower testing the 4 sell climax low. Took a flyer position but will exit if the follow-thru bar is a bear bar.
Long 9728.55 Stop 9393.38 for 10,000.
Long 9728.55 Stop 9393.38 for 10,000.
Trade fermée manuellement
Closeout trade. Bulls have failed multiple times to push the market higher following yesterday's breakout.
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