bitcoin

Bulls strike back

Long
bitcoin Updated   
BITFINEX:BTCUSD   Bitcoin
This is basically the same previous idea for a Bull perspective, this time I put together some fine grained interpretation to how those target could get a hit. It's very risky to try to scalp this as is, but you can use risk management if you are fine with it. Don't take this interpretation strictly but traders always want to predict every detail so this is my shot.
Comment:
Market just got to our 0.786 Circle and made a new high. It's unclear it may go now to point 3 or to point 4 but a moving trailing stop can get you out to buy again at point 4 or just stay positioned until point 5
Comment:
This larger view show us already hitting a circle too:

Comment:
We got a double perfect hit on point 3 time and price, better than I expected !
Comment:
BTC is stronger than most could expect, It is looking like we are heading to 9.6K or more:

Comment:
Our target 9.1K got a hit
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