Bitcoin
Long
Updated

Bitcoin and EEM

310
During the start of the last bull run in crypto I used EEM as a leading indicator to time my trades. This served me very well as I returned over a 20x for the year of 2020. Now I will trust it again.

20k in MSTR calls
$225 Strike 2/3
$230 Strike 3/17
$290 Strike 4/21
Note
Looking for the close on EEM above the 9SMA on the 4 hour chart.
Note
We closed above, We are going higher!
Note
Closed all my longs for a nice profit, I am now 80% short as EEM seems to be getting rejected
Note
Yields holding low EEM holding up at resistance closed all positions..... Now we wait

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