Bitchcoin
BTCUSD - something f*cky?Ascending wedge on chart - breakout above obviously. Play outside the playground for best results and least regrets.
Kissing 100 DMA has consequencesPerfect profit taking position here shortly off an H&S pattern. Expect consolidation and buy dips. Profit taking would have netted you 5% premium off current prices, which is no small feat for any portfolio.
Its all about earning your edge in trading - don't scoff at 5% - selling at 100 DMA was a no brainer. Now its time to BTFD and see if it rips higher. Discipline yourself by maintaining cautious.
BTC approaching heavy resistance linelast week "moment of truth" RSI break out was nice and gave us easy 20% gains. The next test comes on the actual chart. Break above this resistance line and we could see some new highs for BTC. 100-300% from here is [ [ [ ]]] IF IT BREAKS OUT.
