End of an older trend

19 thg 12, 2017

At this point an older (in crypto time - started around Nov 19th) and very strong uptrend was closed (signal to SELL). See level 2 in the chart.

It may end up as a retrace in the (even) older trend since the overbought momentum is very strong still, but I decided not to risk.

I've sold my position and switched to XRP. Lets wait for BTC to build up again and signal a BUY on level 2.

Best of luck.

22 thg 12, 2017

Ghi chú

The strong downward trend that started yesterday @ 13:00 at level 0 has finished, but I'll only be relief if I see the end of the downtrend on level 1. It may be close.

I'll keep you posted.

26 thg 12, 2017

Giao dịch được đóng thủ công

Finally the downtrend in level 1 is finished. I'll end this BEAR trade and post a new idea when it's time to buy again.