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Back in the range?
Bitcoin
Back in the range?
By one-two
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Updated
Aug 21, 2020
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Aug 20, 2020
The false breakout means Price is back in the range.
Stock markets also went down a little bit..
Price holding above ~12.4 area would invalidate this back in range theory, So i am looking for entries near 12.1k-12.3k..
We'll see whether we get a re-test of range highs.
Aug 21, 2020
Note
CME charts already tested this level. Not seeing price test in bitmex. So i guess that was the test of 12k area
Aug 24, 2020
Order cancelled
S and P 500 broke previous all time highs. Cancelled for now. But still might trade this idea.
Aug 25, 2020
Trade closed: target reached
Not bad. Move played out. Now we wait. 11k area is crucial, break here would be bad.
Aug 25, 2020
Note
I only had very small position on this...Since US markets were moving differently i didnt bet too big.
Bitcoin (Cryptocurrency)
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