dsgorthy

Bitcoin (BTC) MA Death/Golden Cross Analysis (Part 17) --> +46%

Long
dsgorthy Updated   
CEXIO:BTCUSD   None
Welcome to the beginning of our 10th trading segment using this strategy! We initially bought 1 BTC on 2/26 for $10,000 even. Since then, we've had a 118% return against BTC and a 46% return against USD! These are crazy returns if you look at traditional markets, and our strategy here is dead simple. Trade on the death/golden cross and stick to the strategy! It works even in down markets, and our return against BTC will give us greater leverage when BTC rallies! This may be a very short segment here, because we haven't made any real gains since we've gone long. We'll be using $6,500 as a stop loss for the next few days.

Segment 9
  • 05/29/2018 - BUY $7,450
  • 06/04/2018 - SELL $7,650
  • 06/20/2018 - BUY $6,700
  • Beginning ($): $14,200
  • Ending ($): $14,600
  • Beginning (BTC): 1.91
  • Ending (BTC): 2.18

Segment 10
  • 06/20/2018 - BUY $6,700
  • TBD - SELL TBD
  • TBD - BUY TBD
  • Beginning ($): $14,600
  • Ending ($): TBD
  • Beginning (BTC): 2.18
  • Ending (BTC): TBD

Stay tuned!
Trade closed: stop reached:
We broke out stop loss at $6,500 earlier today! Look out for a short segment here shortly
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