Trade Alert
I just took profits on my GBTC trade and sold at $890.
Price hit the top of my Fork where I took profits of $3,000 on the trade. Do my Forks and Price Channels always work? Of course not as sometimes there is another price channel in play that I had not yet discovered but Price was rejected here last time so the top rail may well be hot here and we may see a pullback where I may reload as it is only day 6 if my Trading Cycle count is correct.
Added: updated GBTC chart showing my Forks are breached and are not always perfect. I have also added a BTC chart from today showing that BTC is below its ATH but GBTC is still surging today… HOD is now $932 so I left some profits on the table.
Just excellent, Surf. Playing a parabolic blow-off is so difficult – can’t get greedy once you’ve already made a great profit because it can reverse so fast.
Good trade. Thanks for updates.
Should have stayed longer– but 900 is not bad
Ps. I follow your forks too
Tnx Surf, very nice trade. This shit is better and more straightforward than JNUG/DUST.
Surf, I took profits a bit sooner then you did… but still a great trade! Looking now for a better re-entry maybe later or tomorrow. Hope it doesn’t run away from me though. Thanks for the TA charts, those help a lot.
Nice trade there Surf! Greatly appreciate all your work!