I believe Bitcoin is setting up for an amazing run in 2020. Back towards previous local highs of 14,000 and perhaps much higher. I am aggressively Long Bitcoin once again All ABOARD!
Look at my other charts... Look at my twitter.com/tpavlik I am a trading god
ETHEREUM HAS LAGGED BITCOIN FORMING A GIAN TRIANGLE CONSOLIDATING. IS THE TIME FOR AN ETHERUM RIP HERE? TIME WILL TELL. TWITTER.COM/TPAVLIK #CRYPTO #ETHER #BITCOIN DAILY CLOSE BELOW 318 ILL THINK ABOUT CUTTING AND RUNNING
wave 3 down target is 6500, new All time Highs I'm wrong $6500+
www.youtube.com Here is the video going over this setup
looks poised for higher Interesting chart could break out of recent range in eth/btc also
Almost to a Long, Gox is already there but other exchanges not quite (They may or may not confirm)
heres the risk/reward profile starting out. Although I have small position right now
buy and hold your nose. Longer term buy, 2 monthly closes below MA would be a sell
fibs 50 % and monthly SMA should hold around here for longer term entry, smaller size due to stop far
Elliot Wave analysis suggests advance in bitcoin #BOOM Coming Wave 4 target, bottom Wave 5 stop, #SIMPLE
Almost to a Long, Gox is already there but other exchanges not quite (They may or may not confirm)
Is it a bubble? Most people wouldn't know how to buy the next big stock or asset if it kicked them in the face. Long term much higher. I think you can risk to previous highs $260 and just ride the trend long. #BuyBreakouts, #ManageRisk