Mornau-Research

BTCUSD - Risky, but i have no choice !

Long
BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Emergency update on Bitcoin! BITFINEX:BTCUSD

BTC built a solid Wave 1-2 in the shorter time frames and started with an impulse towards prices of 16'000$ and more.
I don't want to see Bitcoin reaching prices of 19'000 and more when i am not invested, however the risk on the downside is much greater than usual.

Keep in mind that i am only taking this trade, because i already have a position in ethereum which is more than 14% in profit!

1# Long
Long at: 15908.8$
Profit Targets: 19300$ or more
Stop-Loss: 14370$

===================================================================================================================

If you have questions related to a specific stock or the Elliot Wave theory, feel free to contact me.
Trade active: Position is open like described....
Comment: Noticed an incorrect information, i went Long at 15804.5 not as stated above.
The Entry price on the chart is correct!
Comment: STOP-LOSS on entry now! @15804.5$
If you should have any questions or want to get signals before i publish them on tradingview, feel free to contact me.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out