lombardodeameliano

Bitcoin: its time to go long

Long
BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Well i think my TA is very clear in the chart... i also considered the 200 weekly ma and since it might be tested and even broken i put my stop loss below the previous lows
Trade closed: target reached: target 1 achieved
Comment:
as i see a bullish flag i think we will hit target 2 in 18th of February
Trade closed: target reached: exactly in 18th of February target 2 reached
Comment:
Trade closed: target reached: target 3 is reached but since the trend seems powerful enough i haven't closed my position. i just moved the stop loss at 4000 in case the bull trend keep pumping to higher high... 4500 is the next level and then 5k and 5.5k... i consider 4500 the probable end of this uptrend...lets see how this plays out
Trade closed: target reached: my stop loss at 4K activated... what an awkward dump... it dumped in 5 min really... whatever it was 15 percentage profit for me and now i will be looking for another entry... i might be considering re entry in current price which is 3850... but not quite sure... the dust of the dump needs to settle first