BTC correction over?

2 Feb 2018

Bitcoin dumped pretty badly and touched a low of 7,610
At hourly, what we've have is a bullish hammer followed by a green confirmation candle.

This implies that a reversal is in place and allow opening long trades.
I'm waiting for confirmation candle to finish before opening any new position.

I'll share my buy price once this candle is over. Happy trading :)

2 Feb 2018

Catatan

Just a heads up, we've to close this hourly candle green in good shape or no longs.

2 Feb 2018

Trade aktif

8,749

2 Feb 2018

Catatan

This trade is going in the right direction. We need to give it some time to develop.

2 Feb 2018

Catatan

We've met resistance at 9,050 ... Set stop loss at 8.350

3 Feb 2018

Catatan

Price is moving sideways now. We're lacking volume to push the price beyond resistance. let's wait.

3 Feb 2018

Catatan

Those who still have this trade open. Short term profit targets are:

1st: 9049
2nd: 9969

3 Feb 2018

Catatan

Volume isn't strong and we're going sideways. We're currently near our buy in range. Use stop loss.

3 Feb 2018

Catatan

1st target reached, volume is building up.

4 Feb 2018

Catatan

Based on low volume and FUD in market, our second target will likely not met.

I'm closing this trade for now.

4 Feb 2018

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