FLAT | waiting next trading signal
Sold 1 unit (100 btc) at 5.63$, 4.70$ point profit per btc.
I decided to close my long term position due to the recent big drop of this week. Of greater concern, the moving average had turned down after a prolonged period of rise ( more then 40 days). Even the inverse fisher transform Rsi it is no more completely saturated at +1 and it is moving towards the +0.5 thresold line that will confirm a sell signal and a change in the trend. Volume is low showing that there aren’t aggressive buyers at these prices. I have no reason to think this break is anything but a normal corrections within a bull market, once it is complete at the next reversal of the moving average and/or a signal of the oscillator, i’ll be a buyer again.