Bitcoin bottomed out and started an upward trend and may continue especially after the retracement
Handel aktiv:
After the current pullback, another break out to the upside to the 7800 to 8400 USD zone where there are key levels. By the end of May 2019, I anticipate BTC to be at about 8400 USD.
Kommentera:
Might see a drop to 6750 USD then continuation to the upside and potential high of 8400USD
Kommentera:
If BTC goes beyond 8400USD, it might end up at 9000USD, the market might switch to a bearish one due to the rising wedge resulting in another pullback to the 8400USD zone.
Kommentera:
Waiting to enter once BTC is around 7100USD (buy stop).
Entry :7100USD
Stop Loss : 7000USD
Take Profit : 8400USD
Entry :7100USD
Stop Loss : 7000USD
Take Profit : 8400USD
Handel aktiv:
Waiting on the pullback to add more to my position. Closing my position at 8400USD
Handel aktiv:
BTC pulled back at 8350. A rising wedge had been formed and BTC broke out and using the wedge top as support as seen by its move back up. The strengthening of the US Dollar index could have contributed to the drop from 8350 to 7800 USD over the past couple days. I am still bullish on BTC and still holding. Target missed by 50USD
Trade stängt: målet nått
