BITCOIN: This is becoming interesting...

in #steemleo • 5 years ago (edited)

ZIG-ZAG correction completed as planned yesterday in my post, volume increasing and, what is more interesting of all these, an incredible Inverted Head and Shoulders Pattern on the Hourly which is right now doing its work, pushing the price upwards.

This iHS pattern on the 1h-chart is indicating a price target around 8100 USD, remember I have entered 2 days ago with 6880 USD, which means around 17% profit...

Now the usual question of the daily trader: currently my trade is around 9% profit... Should I stay or should I go?

I took a decision, I stay! I am going just to move my STOP-LOSS a little bit above my Entry point, 7000 USD and I am going to pay attention to this nice volume growing now.

As usual, I'm doing this for fun mainly so take it or not, this is not an advice but my point of view or plan.

Enjoy!

Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently. Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.

#bitcoin #cryptocurrency #market #palnet #neoxian #marlians #trading #timm #cc #investing
5 years ago in #steemleo by
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    • [-]
     5 years ago 

    $9,000 by the end of the week :) Hold tight.

    [-]
     5 years ago 

    Not clear to me still

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      [-]
       5 years ago 

      Nice analysis! Good luck on your open position!

      Posted using Partiko Android

      [-]
       5 years ago 

      Thanks may friend!

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        [-]
         5 years ago 

        Thanks for sharing your view of the charts. Good luck with your trade. Hopefully Bitcoin goes up so much you never have to sell and you can use it to buy stuff.

        [-]
         5 years ago 

        That would be ideal but till then, I am having fun !BEER

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          [-]
           5 years ago 

          Fun is the key.

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            [-]
             5 years ago 

            Nice information buddy, people appreciate doing homework for them. 😉

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             5 years ago 

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