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Bitcoin (BTC) MA Death/Golden Cross Analysis (Part 12) --> +45%

Telah dikemas kini
Welcome to the 12th installment of my analysis series! We ended our long segment earlier today when our price crossed beneath the moving average. The MA was still ascending, so we may be seeing a buy-in above our sell, but remember that we're minimizing our risk using this strategy. We're tracking the following key statistics along our trade:

Segment 6
  • 05/02/2018 - BUY $9,200
  • 05/06/2018 - SELL $9,600
  • TBD - BUY TBD
  • Beginning ($): $13.950
  • Ending ($): $14,500
  • Beginning ( BTC): 1.51
  • Ending ( BTC): TBD


This is a short-term short, I'm long-term bullish on BTC! Stay tuned for updates, I'll be posting them below!
Nota
As of now, our price has fallen to our previous buy of $9,200! We captured the $400 gain that has now been lost. We also have a lot of distance between the MA and the current price, let's hope we stay within this descending channel!
syot kilat
Nota
Watch closely! The RSI has leveled back to normal and the MA is getting close to a slope of 0. Look for a buy opportunity here shortly!

syot kilat
Nota
We're still looking at a steep price descent with level RSI. Expect this trend to continue! Our sell at $9,600 looks pretty good right now!
syot kilat
Nota
We're still in a nosedive here, stay short until the MA levels out!
Dagangan aktif
And we're in at $8800. We're seeing RSI right in the middle and the MA leveling out. I'll wait until posting a follow up just in case we continue to fall.
Nota
We're using $8,600 as a stop, check out the breakout we just saw.
syot kilat
Nota
Still pretty volatile here, setting $8,500 stop because the MA looks like it's leveling out.
syot kilat
Dagangan aktif
We've fallen a bit in price and took a $300 hit, but are in at $8,300! I'll be posting an update shortly!
Nota
Long position posted here!
Bitcoin (BTC) MA Death/Golden Cross Analysis (Part 13) --> 42%
BTCUSDChart PatternsshortstrategyTrend AnalysisWave Analysis