What if this is BTC breakout?... (Still Long)
Updated
...what if?
The pink line is ATH/Nov-sub-6k-drop resistance. In other words, our greatest known resistance tested since ATH.
This is our 2nd time attacking it, in the past 2 weeks. Looking more breakout-ish imo this time around, but only time will tell. (and then I sell! :D)
Indicators look good.
Currently breaking upward out of a downward channel, that is hugging the pink line, on the hourly.
Heh, while it got nerve-racking for a second there today/yesterday, my $3595 20x long is still open.
Smaller time frame: we need to bust 3640 with conviction and volume, for me to start getting more optimistic. possible that we are just retesting the 3624-3635ish range from past day or two, and will be rejected, still.
Mid time frame: 3850-4300
Longer time frame: 5k-6k pullback finally inc?
- parabullic
The pink line is ATH/Nov-sub-6k-drop resistance. In other words, our greatest known resistance tested since ATH.
This is our 2nd time attacking it, in the past 2 weeks. Looking more breakout-ish imo this time around, but only time will tell. (and then I sell! :D)
Indicators look good.
Currently breaking upward out of a downward channel, that is hugging the pink line, on the hourly.
Heh, while it got nerve-racking for a second there today/yesterday, my $3595 20x long is still open.
Smaller time frame: we need to bust 3640 with conviction and volume, for me to start getting more optimistic. possible that we are just retesting the 3624-3635ish range from past day or two, and will be rejected, still.
Mid time frame: 3850-4300
Longer time frame: 5k-6k pullback finally inc?
- parabullic
Trade closed: target reached
Sold for 100% gain (20x) at 3775.#theecoinomy
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