reddan256

BTC, Immediate term trade and trend [18OCT2021]

Long
COINBASE:BTCUSD   Bitcoin
If you see my previous plan, you'll know where I went bullish on BTC, and I sold some in the purple box. Signal says "consolidation", but the correlation with DXY, which is bearish as of today, says BTC might go up (a lot). I'm not really good at managing these kind of risks, So, I will hold BTC in my portfolio, but I will not try and actively risk manage, at least for couple of days.
Todays range is 55000 - 63000.

PS. Each box span a day, and the code gives short term and long term trends as shown. the trend is shown with the color of the box. The range is calculated on a daily basis.
If you want similar ranges and trends on your ticker, feel free to contact me, I will add them to my list and provide them when the signal is interesting (for free of course)

Redd

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