30th August 2019: Long BTC (Hedge against my current short)
Updated
In my earlier post I said that due to the rangebound nature of BTC right now I have to be prepared to hedge my short position. I have just got my confirmation for a long entry.
Note
Finally some follow through! In roughly 50% up-draw at the moment, I'm hoping for another round of buying however I am feeling doubtful since the run up looks kinda parabolic on the low-timeframe.
Will be prepared to hedge this position with shorts if I get further confirmation.
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.