Bitcoin / TetherUS
Long
Updated

BTC July 18, 2024: A New Entry Point At MA-50

220
On July 15, BTCUSD closed above its MA-50 for the first time since June 15.

During the last 3 days it was trading right around this moving averages and currently is still holding above.

Hence I started to open a position here with a stop loss below the MA-50.

Trade active
Retested the MA-50 on July 25. So far there is nothing wrong with the price action and we continue to hold on this position.
Trade closed: stop reached

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