Bitcoin (BTC) MA Death/Golden Cross Analysis (Part 7) --> +11.1%

Apr 3, 2018

We crossed the MA yesterday and have crossed over the 7.4k, marking a beginning of our 4th segment. Go back and read through my analyses using this strategy, we're up over 11% during this decline! While it is still falling, let's hope this leg locks in some more profit vs USD! In terms of BTC, we're up 55% over the past couple of months!

Segment 3

• 03/18/2018 - BUY $8,300
  
• 03/22/2018 - SELL $8,700
  
• 04/01/2018 - BUY $7,150
  
• Beginning ($): $10,650
  
• Ending ($): $11,100
  
• Beginning (BTC): 1.28
  
• Ending (BTC): 1.55
  

Segment 4

• 04/01/2018 - BUY $7,150
  
• TBD - SELL TBD
  
• TBD - BUY TBD
  
• Beginning ($): $11,100
  
• Ending ($): TBD
  
• Beginning (BTC): 1.55
  
• Ending (BTC): TBD
  

Follow the strategy, trade on the signal, and profits will come!

Apr 3, 2018

Trade active

Until the MA clears the buy-in price, I'll be using the red line (6.9k) as a hard stop-loss.

Apr 5, 2018

Trade closed: stop reached

As stated, 6.9k was our stop-loss trigger. This was a very short long leg in this segment, and I'm closing this out to start a short tracker.

Apr 5, 2018

Note

Track the short here: