aydngur

Will Bitcoin do even better than our first expectation?

Long
BITFINEX:BTCUSD   Bitcoin
I'm happy to see my signal on October 13th resulted positively and we already made 10% with our #Bitcoin BTCUSD trade.

That said, this trend looks more promising than it did 10 days ago. Huge channel that started on May 2020 is now broken upwards and that suggests a move to 14500 is on the table now.

Supports that we should closely watch:
  • 12680
  • 12000
  • 11685
  • 11550

Unless we see a decisive close below 12680 we can expect this setup to work.

Let the profits roll!

DISCLAIMER: Please note that my trading approach is trend following. I don't try to make predictions. I don't try to catch the bottom or the top. I don't try to be right. I try to be agile and flexible enough to join the right side before it's too late. Please also note that I'm a swing trader using daily charts.

Entry and exit signals are not universal in trading. They should be determined according to the trading method used. If your trading approach and my trading approach don't match, please do NOT consider them relevant for your own purposes.

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