30th August 2019: Long BTC (Hedge against my current short)
In my earlier post I said that due to the rangebound nature of BTC right now I have to be prepared to hedge my short position. I have just got my confirmation for a long entry.
In roughly 50% up-draw at the moment, I'm hoping for another round of buying however I am feeling doubtful since the run up looks kinda parabolic on the low-timeframe.
Will be prepared to hedge this position with shorts if I get further confirmation.