In my previous idea I suggested buying BTC under simple trend following strategy. This approach proved successful: 
This time we are looking for a pullback, or possibly, a cyclical top. This task is very difficult taking into account the strenght of this trend and all the hype in crypto community. Still, there are 5 waves in place and the price reached the top of Andrews' pitchfork. Under these circumstances we can expect, at least, a minor pullback below $5500. All keys levels are drawn on chart.
This time we are looking for a pullback, or possibly, a cyclical top. This task is very difficult taking into account the strenght of this trend and all the hype in crypto community. Still, there are 5 waves in place and the price reached the top of Andrews' pitchfork. Under these circumstances we can expect, at least, a minor pullback below $5500. All keys levels are drawn on chart.
Trade closed: target reached
$5436 target reached in the morning.
Telegram: t.me/NixTrading
Сигналы: NixService.net
Агент-аналитик: t.me/NixAgent
Сигналы: NixService.net
Агент-аналитик: t.me/NixAgent
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Telegram: t.me/NixTrading
Сигналы: NixService.net
Агент-аналитик: t.me/NixAgent
Сигналы: NixService.net
Агент-аналитик: t.me/NixAgent
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.