philipdinu

NXTBTC - Daily MA Cloud Breakout - 4H Trend Continuation

Largo
philipdinu Actualizado   
BITTREX:NXTBTC   NXT / Bitcoin
NXT has recently had an edge to edge trade through the cloud (see related, closed with 100% profit) and price is now progressing above the cloud with a good daily momentum after a white doji has formed. I will be watching for a good entry position on the 4H chart while price retraces back to the 4H MA cloud.
Operación activa:
Opening up positions on the good looking 4H momentum candle off of the MA cloud bounce.

Operación activa:
Price has turned back around and started heading towards the MA cloud with good momentum. Normally I look to start closing off my positions to minimize risk, however I am keeping this trade open for one main reason.

Very rarely do I see a daily candle with no wick on the open side.

4H view:


Daily View:

Operación cerrada manualmente:
Closing positions at -12% to preserve capital while BTC is making new highs.

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