BTC correction over?

2. Feb. 2018

Bitcoin dumped pretty badly and touched a low of 7,610
At hourly, what we've have is a bullish hammer followed by a green confirmation candle.

This implies that a reversal is in place and allow opening long trades.
I'm waiting for confirmation candle to finish before opening any new position.

I'll share my buy price once this candle is over. Happy trading :)

2. Feb. 2018

Anmerkung

Just a heads up, we've to close this hourly candle green in good shape or no longs.

2. Feb. 2018

Trade ist aktiv

8,749

2. Feb. 2018

Anmerkung

This trade is going in the right direction. We need to give it some time to develop.

2. Feb. 2018

Anmerkung

We've met resistance at 9,050 ... Set stop loss at 8.350

3. Feb. 2018

Anmerkung

Price is moving sideways now. We're lacking volume to push the price beyond resistance. let's wait.

3. Feb. 2018

Anmerkung

Those who still have this trade open. Short term profit targets are:

1st: 9049
2nd: 9969

3. Feb. 2018

Anmerkung

Volume isn't strong and we're going sideways. We're currently near our buy in range. Use stop loss.

3. Feb. 2018

Anmerkung

1st target reached, volume is building up.

4. Feb. 2018

Anmerkung

Based on low volume and FUD in market, our second target will likely not met.

I'm closing this trade for now.

4. Feb. 2018

Trade wurde manuell geschlossen