Lower highs indicative of Bitcoin downtrend.
Actualizado
Bitcoin has completed a euphoric run to 860(OKCoin futures) but has yet to complete a capitulation reversal from that high.
Given the lower highs in succession this may finally be the capitulation from the local high in June.
Targets are 557 and 502, important levels. Stop loss for the trade 674, local high. Time loss Sept 6 2016
Position size max 7% of portfolio. Conditions are not perfect but this is tradeable.
Given the lower highs in succession this may finally be the capitulation from the local high in June.
Targets are 557 and 502, important levels. Stop loss for the trade 674, local high. Time loss Sept 6 2016
Position size max 7% of portfolio. Conditions are not perfect but this is tradeable.
Operación cerrada: objetivo alcanzado
Trade complete. Perfect profitNota
This trade profited much faster than expected. Volume setup was supposed to push this down over 3 weeks. But Bitfinex hack accelerated the drop.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.