BitcoinLong
[ BTC intraday ] small wedge for increasing position or hedge
Aggiornato
Since the overall movement of BTCUSD is bullish but not yet decided if its breaking out of the bull flag and finally pushing throu the big resistance, a nice low risk high rewards entry emerges. The wedge might go both ways: either the resistance is broken and the big push is happening, or it bounces again and retraces down to the previous support.
If one is already bullish, this might be a nice way to either increase the position or hedge it shorterm.
btw.: thx for commenting and likes, still trying to get the reputation to comment on ideas and participate in the chat ;)
BTCUSD is bullish but not yet decided if its breaking out of the bull flag and finally pushing throu the big resistance, a nice low risk high rewards entry emerges. The wedge might go both ways: either the resistance is broken and the big push is happening, or it bounces again and retraces down to the previous support.If one is already bullish, this might be a nice way to either increase the position or hedge it shorterm.
btw.: thx for commenting and likes, still trying to get the reputation to comment on ideas and participate in the chat ;)
Trade attivo
it finally pushed throu. so the bullish version won. lets hope that this really brings the big move everyone is waiting for...Trade chiuso: stop raggiunto
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