Long

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

Updated

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

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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.

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

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

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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.

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Added at 8360

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Stop 8325 mex

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And that's what you call a beautiful stop

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

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

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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.

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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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