If trading crypto currency been compare to movies, it must be the FAST AND FURIOUS. And to songs maybe something like "to the Moon and back!"
Here is the thing, we must be flexible because things change in high votality and quickly in this market. So its important to manage your portfolio with the main players in the business. In a long run I think with BLOCKCHAIN technology behind its back, despite all the rumors FUD and manipulation this technology is here to stay. I have read and pretty much agree that we must stick to our core investment and leave a smaller trade for hedging or make short term profit.
Looking at the chart a small retrace to 7400/7100 is highly possible so if it allows those are the price that you would add your position.
So if we look at the chart this is where we can go to 10k before new year.
Its 10,000 at least just a matter of time and I predict its during the new year.
This chart is post way before hand, so I have imagination along with TA. So its a long shot and lets just wait and see hold your core position , trade to hedge and good luck.
Trade active
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first target hit nicely
Trade closed: target reached
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still no bearish sign, can hold on until move up the trailing stop, lock some profit good luck!