BITCOIN - Living on the Edge

2019年12月18日

BTCUSDT finds itself on the edge of a narrowing channel dating back to June 2019, and we say its almost time!

We say Accumulate, you may ask why?

- Going by the book, such patterns yield great returns. Looking at BTC's recent past, narrowing price action often leads to major upsides
- Downside volume is at a minimal - Good sign
- With a medium to long term view, $6300 - $6400 makes a great range, followed by $5800 - $5900. We recommend buying into the Market with a combined closing based stop-loss below $5600. Potential bounce can lead us towards $7800 and $8800 in a few days.

We'll be updating this idea frequently.

2019年12月23日

註釋

So far, so good. We look forward to the price action around 100SMA.

2020年1月7日

註釋

The narrowing channel is working wonders as seen in early Asian trading hours today.

If you missed out on the rally, target $7,640-$7,750 for entry, targetting $8,900 - $9,100 range, with a stop under $7,500

2020年1月15日

註釋

Post breakout Price action and volume looks positive. We do expect some resistance around $9,400 - $9,500.

2020年1月29日

交易結束：目標達成

TP 2 achieved!!