Volcano Money
As you can see from the chart, the past month has been choppy with little trending. Neither bull nor bear, just crab. The range expanded to the upside, but I don't expect too much in the low volatility summer months, even on the news that El Salvador legalized Bitcoin. Still, we have to take the trade as you never know when the large ones will happen.
Entry: immediate
Exit: when the trend changes, OR a 3K trailing stop
Stats are from 1/1/2020 to current.
What we DO know: looking at the BTC.D chart (a chart that plots BTC price against other coins) we can see that alt season is over and BTC is leading the pack again! This means BTC should rise faster than alts (or at least fall slower). BTC shows a strong move up, has a great story with El Salvador legalization, and even a new meme: volcano money (they're using volcano electric power to mine BTC!).
Entry: immediate
Exit: when the trend changes, OR a 3K trailing stop
Stats are from 1/1/2020 to current.
What we DO know: looking at the BTC.D chart (a chart that plots BTC price against other coins) we can see that alt season is over and BTC is leading the pack again! This means BTC should rise faster than alts (or at least fall slower). BTC shows a strong move up, has a great story with El Salvador legalization, and even a new meme: volcano money (they're using volcano electric power to mine BTC!).
Operación cerrada: precio stop alcanzado
The chop continues. Out for a small loss.
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.
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.