philipdinu

DASHBTC - Trend continuation off of daily/4H MA cloud

Panjang
philipdinu Telah dikemas kini   
BITTREX:DASHBTC   Dash / Bitcoin
Dash has recent broken through the daily MA cloud, retraced back to it and appears to be bouncing off it it. Good momentum on the 4H candles indicates price is bullish and is moving to the upside.
Dagangan aktif:
Opening up a few positions with the good looking 4H momentum candles after the bounce in the MA cloud.

Stop Loss set tight will be a close / momentum move in the cloud.
Dagangan aktif:
Dash off to a good start, +12% and climbing.


I will be watching for a decrease in 4H momentum before looking to close out positions.
Komen:
A decrease in 4H momentum is occurring. The 30m chart looks like it will have a close in the MA cloud, which is typically where I place my trailing stops.

I will be looking to possibly close out positions here for +13% and reopen if price continues to move up.

Dagangan ditutup secara manual:
+12% positions closed.
Dagangan aktif:
Opened up positions on the good looking 4H momentum candle. Looks to me like trend is continuing to the upside.

Dagangan ditutup secara manual:
Closing positions at +1% on loss of 4H momentum. Possibility of retracing to the 4H cloud.

Dagangan aktif:
Entering positions on the strong 4H momentum candle after the three white doji.

Dagangan aktif:
Price creating a classical reverse symmetrical triangle. My thoughts on a target line for this dash trade.

Dagangan ditutup secara manual:
Closing for break even while BTC makes new highs and Dash is not correlating. Will revisit when price reaches the 4H MA cloud.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.