Nice Technical trade
Looks like this is being pulled along by bitcoins current rally and the momentum has cause the price to break up and out of the previous ascending range/channel, retested the break, now currently developing support on top of the previous resistance.
This is crypto, odds are longer, trades are more fragile because liquidity can trap you.... This is really just for fun and if anyone follows this trade, they should be prepared to lose all deployed capital and possibly even more through incidental costs and tax liabilities.
THIS IS NOT FINANCIAL ADVICE, THE ONLY ADVICE IS TO MAKE YOUR OWN TRADES
This is crypto, odds are longer, trades are more fragile because liquidity can trap you.... This is really just for fun and if anyone follows this trade, they should be prepared to lose all deployed capital and possibly even more through incidental costs and tax liabilities.
THIS IS NOT FINANCIAL ADVICE, THE ONLY ADVICE IS TO MAKE YOUR OWN TRADES
Trade closed manually
closing this one before it looses, too much uncertainty.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.