Bitcoin broke out of the channel from hell

Zaktualizowano
Bitcoin is now out of the channel that brought it from 7200 to 3600 in less than 48 hours. Hopefully it will not go back into that channel, because that would mean sub 3K.
Zlecenie aktywne
New channel found. Let's see how this plays out.
snapshot
Transakcja zakończona: osiągnięto poziom stop
Stopped out of this one. We're not seeing a rebound yet, it can go sideways for a while through the capitulation phase before we see a true bottom.
Zlecenie aktywne
Another move out of the channel is about to be tested.
snapshot
Uwaga
And we're off!
snapshot
Transakcja zakończona: osiągnięto poziom stop
Stopped out of this one too at a small profit. Pattern was broken so all bets are off.
Zlecenie aktywne
Back in... got faked out of that.
Uwaga
This trade is done. It was good while it lasted!
Uwaga
Just to recap, this is how I identified the bottom. The move back up was more gradual than expected.
Trend Analysis

Wyłączenie odpowiedzialności