STR/BTC A Simple Analysis
Updated
A simple fibonacci re-tracement with support/resistance lines.
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Suggestions:
Reaching directional uncertainty sell 50% of securities as hedge.
Wait until break-out direction confirmed before engaging in any other STR/BTC trades.
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Others factors:
STR/BTC pair floating in ichimoku
RSI at median
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Suggestions:
Reaching directional uncertainty sell 50% of securities as hedge.
Wait until break-out direction confirmed before engaging in any other STR/BTC trades.
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Others factors:
STR/BTC pair floating in ichimoku
RSI at median
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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
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