Short term Long from lower channel

١٦ سبتمبر ٢٠١٨

Bitcoin has found support off bothe previous resistance at 6450 and lower ascending trendline providing a nice opportunity to go short-term long.

• Rejection of SR level
  
• Support of ascending channel
  
• Bullish divergence
  

Target: 6730

١٨ سبتمبر ٢٠١٨

أغلقت الصفقة: تم الوصول لوقف الخسارة

Bears finally got the better of bulls. Disappointed in myself for not pulling out of this one sooner as I saw the warning signs.

Bitcoin was failing to break above the Fib 38% level with progressively lower lows and lowering of momentum before eventually breaking the trendline.