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Bitcoin Bull Trend - Almost lost it - Think we're in the clear

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The chart says it all. Just watch this...

Komen

That was a nice $100+ scalp if you were ready. As long as we hold 8.4k here I'm gonna be staying bull. Stops below 8320 for me. This wouldn't be a bad place to buy a bit and set a tight stop.

Komen

Here was the bitmex graph I was looking at. too. Hopefully that wasn't just a sad fakeout but this is bullish regardless.

Komen

Ahhh here's the mex graph I was looking at, whoops.

Komen

That last candle looks awful, howver, we did crush resistance and so now if we can hold it as support, I'll add generously to my position.

Komen

Added at 8360

Komen

Stop 8325 mex

Komen

And that's what you call a beautiful stop

Komen

I keep screwing up the correct graph. Here's the correct one for my stop.

Komen

Guess it doesn't show my stop like it does on my graph but it was just below.

Komen

Just noticed something which is making me significantly reduce my position here.

This 4 hour candle is scary. Find a time in recent past where a 4 hour candle looked like that and then proceeed to go up the next 4 hours. Fairly rare to say the least.

Komen

We can still be bull, and perhaps still even pop here, but the next 4 hours will likely see a dip after that candle closing. (23 mins ago)

blesdawg

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