The_Cannalyst

Time to safe your money!?

BITSTAMP:BTCUSD   Bitcoin
36
The exspected Explosion proved to be true!
The Breakout skyrocketed BTCUSD more than 24% within 10 tradingsessions -OMG! These days, a consolidation can be exspected which can reach to Minimum 531$ - the 38,2 fibo-retracement of the youngest upmove.

Now we are trading close to the mentioned TP (TakeProfit)-Zone of my former Analysis.
The illustrated longposition is 112,53 Points in win. To secure your Money, now the time has come to trail your Initial stop loss - thinkable is the
38,2 fibo-retracement to adjust your sl.

former Analysis:

Bitcoins are forming a big bullish triangle. With Prices above 470$ i exspect a massive up-wave with TP 610$ - this is just a technical view! SL can be installed below the actual uptrend.
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