I stand by my yesterday's analysis that we have bottomed out on Bitcoin. But technically we are still bearish so I am keeping my stops tight.
Trades will be posted below.
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Long 6930 TP 7800 SL 6750
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Stop Hit, will be looking for another long opportunity soon.
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Open 6720 Stop 6550 TP 7500
This is bottom picking, be careful.
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SL hit, two losses, stop for today, will reassess the market tomorrow.
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Can't miss such great price
Price 6490 Stop 6200 TP 7500
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Took the 3rd try and we got in right near the bottom, I am revising the take profit, if this is indeed the reversal, then it can go really high.
TP moved to 9000
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SL moved to 6500, if this is the upmove I was looking for, it should never even come back down near 6500 at all.
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SL moved to 6600.
Trade closed manually
I am taking my profits here for 1.86x return as I think we will have a correction soon. I will open another thread for the next trade. I am still looking to go long in this market.
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