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Bitcoin (BTC) MA Death/Golden Cross Analysis (Part 7) --> +11.1%

By dsgorthy
Updated
We crossed the MA yesterday and have crossed over the 7.4k, marking a beginning of our 4th segment. Go back and read through my analyses using this strategy, we're up over 11% during this decline! While it is still falling, let's hope this leg locks in some more profit vs USD! In terms of BTC, we're up 55% over the past couple of months!

Segment 3
  • 03/18/2018 - BUY $8,300
  • 03/22/2018 - SELL $8,700
  • 04/01/2018 - BUY $7,150
  • Beginning ($): $10,650
  • Ending ($): $11,100
  • Beginning (BTC): 1.28
  • Ending (BTC): 1.55


Segment 4
  • 04/01/2018 - BUY $7,150
  • TBD - SELL TBD
  • TBD - BUY TBD
  • Beginning ($): $11,100
  • Ending ($): TBD
  • Beginning (BTC): 1.55
  • Ending (BTC): TBD


Follow the strategy, trade on the signal, and profits will come!
Trade active
Until the MA clears the buy-in price, I'll be using the red line (6.9k) as a hard stop-loss.
Trade closed: stop reached
As stated, 6.9k was our stop-loss trigger. This was a very short long leg in this segment, and I'm closing this out to start a short tracker.
Note
Track the short here:
Bitcoin (BTC) MA Death/Golden Cross Analysis (Part 8) --> +7%
BTCBTCUSDChart PatternsdecliningprofitsTrend AnalysisWave Analysis
dsgorthy

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