Bitcoin gave some back, time to long?

4 ביוני 2018

Excuse the lack of reasoning, however:

Quick, simple and pretty obvious BTC long opportunity.

4 ביוני 2018

הערה

Adjusted initial buy zone a little higher due to bottomed out indicators, will be filled on Sept bmex futs.

5 ביוני 2018

הערה

A last check of the chart before clocking off looks good.

Higher low and indicators in agreement.

Got an alert set for 7560 and will look to add more.

5 ביוני 2018

הערה

Volume flat, althogh sell pressure has reduced.

5 ביוני 2018

הערה

Expecting a dip towards 7400 before this move up can continue giving 2 higher highs and 3 higher lows.

After the move over the last 6 days, this dip is pretty healthy with the entire crypto mcap only dropping ~10bln from its local high.