GBTC short term long

Nov 25, 2020

GBTC topped today. Good time to wait for the pullback and short-term long position before the "real" top. 2 MA as entry price ~ 19.57 and 18.31. Stop-loss ~8%. profit target 23~24. good R/R ratio. waiting for the opportunity to present itself.

Nov 27, 2020

Note

On a different thought. Likely not do anything until the 30% BTC pullback. Gonna build a tiny position on 18.3 but there's a possibility to the 15 range to catch the falling sword.

Dec 1, 2020

Trade closed: target reached

the small position opened at 18.5 got 20%+ luckily.