With the recent important news of Bitcoin touching gold, that might quite be a relevant long scenario at term.
Watching for upward breakout.
Watching for upward breakout.
Trade closed: target reached
Time to take profit I guess,wait for retracement, as the 0.5 fib treshold has been reached, and take long position again around 1.50 :) I'm not risking shorting on cryptos, especially when markets are on fire like now.
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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.