Get started
Bitcoin
Long

Bitcoin: its time to go long

By lombardodeameliano
Updated
Well i think my TA is very clear in the chart... i also considered the 200 weekly ma and since it might be tested and even broken i put my stop loss below the previous lows
Trade closed: target reached
target 1 achieved
Note
snapshot

as i see a bullish flag i think we will hit target 2 in 18th of February
Trade closed: target reached
exactly in 18th of February target 2 reached
Note
snapshot
Trade closed: target reached
target 3 is reached but since the trend seems powerful enough i haven't closed my position. i just moved the stop loss at 4000 in case the bull trend keep pumping to higher high... 4500 is the next level and then 5k and 5.5k... i consider 4500 the probable end of this uptrend...lets see how this plays out
Trade closed: target reached
my stop loss at 4K activated... what an awkward dump... it dumped in 5 min really... whatever it was 15 percentage profit for me and now i will be looking for another entry... i might be considering re entry in current price which is 3850... but not quite sure... the dust of the dump needs to settle first
Bitcoin (Cryptocurrency)BTCBTCUSDChart PatternsCryptocurrencyTrend AnalysisWave Analysis
lombardodeameliano

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.