Doing the safety dance

2020年5月14日

Following from my previous position being 100% exited in alts creating a BTC & USD heavy portfolio, I am now full BTC. After we broke out of the wedge I took my recommended buy position, full disclosure I waited about another $150 for confirmation (9k). Being above the 21ema on the daily has been consistently bullish looking at the last couple years of price action so the action felt safe. We also had a CME futures gap to consider, while not a main decision maker we have been pretty consistent at closing these. Ahead I see the top of our long-term trend line, top of a broadening wedge, and a major support and resistance zone. I'd like to take profit at we near these zones and await confirmation on a next move. Using the 21 as my guide I would anticipate a push higher, but safety first!

*This is not financial advice. I am an amateur