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Wanchain / Bitcoin
Long

Big move coming?

By drjimbeam
Updated
Looking at this setup to mature for a fresh entry. Going to run this trade without a stop loss. The last blip has set us up for a big move to 4267 sats. Waiting for break-out out of this wedge and retest before entering. Update if and when I do.
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Looking RIPE. 0.786 fib here we come.

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Breaking out now. Wait for the retest.

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Waiting for retest.
Trade active
Retest complete. Trade open. Target: ~3750-3900 Sats.

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Trade closed: target reached
Congratulations to all those who took the trade.

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I am watching this to play out. You can start nibbling at the levels marked depending on your risk tolerance. You can also scalp between these areas while we wait for the break-out and retest. Personally, I am going to wait for the break-out and enter on retest. I am conservative in profit taking and risk averse.

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Trade closed: target reached
Reached final target of 4200 Sats soon after. I got out of the trade after our first target. Congratulations to all those who hadn't sold their positions. Strong BTC was liked rocket fuel. Speaking of rocket fuel, TFUEL dumps when BTC rises. Update if a good setup presents there. Currently in ETH.
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Waiting for a fresh entry to mature. Update with setup when ready.
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New idea here.

New trade setup maturing.
Chart PatternsTrend Analysiswanbtcwanbtclongwanchain

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