Perfect Buy Spot for those who want to catch the next pump

Hi all,
I am back with another chart. Today I see a perfect buy spot. As rounded in black, the daily candle is manipulated by Bulls to strengthen their longs. I have also pointed various points that indicate that there is huge support for bitcoin from 8400-8600 and thus I suggest any one can long at 8400-8600 and can ride next 1200-1300$ up move. My Target is 9600-9800+. Also it is a good habit to set the stops and my stop is 8150 which I think is most unlikely at this point. So I will close this idea either when my stop or target reached. Again I stress don't get tempted to short on this uptrend and take the opportunities like today's dip to long.

All the best and peaceful trading,
Budha.

Comment:

Excellent buy spot confirmed

Comment:

Bitcoin is having roller coaster, Trapping bears. We had a dip followed by pump untill 877X which is a very good sign but at the same time it is very dangerous as we can see some fake dips of any magnitude. So my suggestion is "Don't Gamble high leverage and don't trade when not sure.Best thing is to have longs opened with very low leverage or leave the day trading to professionals". Again don't get tempted to short but be watchful for the dips to long. I am open to Pm so don't shy if you need any help

Trade closed: target reached:

Hi all I am closing this Chart as we hit almost 8800 and I am publishing a new chart today. Please kindly follow the new chart and ignore this one

Comment:

Published