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

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

Catatan

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.

Catatan

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

Catatan

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

Catatan

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.

Catatan

Added at 8360

Catatan

Stop 8325 mex

Catatan

And that's what you call a beautiful stop

Catatan

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

Catatan

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

Catatan

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.

Catatan

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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blesdawg

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