Updated
STR/BTC A Simple Analysis
A simple fibonacci re-tracement with support/resistance lines.
-------------------------------------------------------------------------------------------------------------
Suggestions:
Reaching directional uncertainty sell 50% of securities as hedge.
Wait until break-out direction confirmed before engaging in any other STR/BTC trades.
-------------------------------------------------------------------------------------------------------------
Others factors:
STR/BTC pair floating in ichimoku
RSI at median
-------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------
Suggestions:
Reaching directional uncertainty sell 50% of securities as hedge.
Wait until break-out direction confirmed before engaging in any other STR/BTC trades.
-------------------------------------------------------------------------------------------------------------
Others factors:
STR/BTC pair floating in ichimoku
RSI at median
-------------------------------------------------------------------------------------------------------------
Note
STR/BTR sold all securities and shorted at 0.00002147Note
Suggestion, the shorting at this point is highly risky, i wouldn't advise anything more than 1% of portfolio equity.Note
Closed my short on a small loss, uncertainty in breakout directionTrade active
Going long after reversal confirmationTrade closed: target reached
Headshot
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.