BTCUSD in big Elliot Wave channel, I expect Continuation of the Fall to support line (we in wave 3-4).
On chart you can see Blue Triangle Patterns, they are indicators of further movement. In case if Triangle Break Down - look at buy areas below and use money management:
First Buy area:
10500-11500 (buy 40% of free USD)
Second Buy area:
8200-9400 (buy 100% of free USD)
When to sell Bitcoins? My selling strategy using money management:
Sell targets:
20000 (sell 10% of free BTC)
24800 (sell 20% of free BTC)
31400 (sell 30% of free BTC)
38500 (sell 50% of free BTC)
50000 (sell 100% of free BTC)
Trade active
Trade active
Breakout From Triangle!
Trade active
DONE: First Buy area: 10500-11500 (buy 40% of free USD) ACTIVE: Second Buy area: 8200-9400 (buy 100% of free USD)
Note
Notice: Daily candlestick closed above support level
Trade active
Trade active
Moving to Second Buy area: 8200-9400 (buy 100% of free USD)
Trade active
Entering: Second Buy area: 8200-9400 (buy 100% of free USD)
Note
WOW CandleStick Pattern
Note
Hammer Candlestick, usually confirming price reversal:
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