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TomProTrader
Dec 17, 2017 7:39 AM

BTC/USD - Further Upside Long

Bitcoin / U.S. dollarBitstamp

Description

Hello traders,

Here we have BTC/USD on the 1H chart.

BTC/USD had a correction move, after completing a bullish move up to the first target at 19380, which I predicted in my previous analysis and we got the move (See my related ideas for details of this analysis)

After the correction, it appears BTC/USD is ready for a new up move. After price hit a Fibonacci key retracement support level at 18910, price began to show reversal candlesticks. The candlesticks are showing a change of command from the bears to the bulls, and I believe the bulls have captured this move.

I am expecting an up move up to the upside target level of 21000. I achieved this target by calculating the previous bull impulse leg, and then replicating a measure move, thus having a target zone.

I will be updating this analysis if it exceeds 40 likes.

Comment

I will be updating this analysis after my latest GBP/USD idea gets some more likes!

Want to make sure there are lots of people online when I update my content, as it takes many hours of my time to create these analysis!

Comment

I have posted a brand new BTC/USD trading idea on my TradingView profile page!

See my profile page for my latest BTC/USD analysis!!!

Comment

Check my TradingView profile page now for my brand new analysis on BTC/USD !

My new post is an update of this analysis, and shows the ideal areas for a buy opportunity.

Comment

I will be posting my realtime buy signal for XRP/USD, if my latest USD/CHF idea post analysis achieves more than 20 likes!

I want to make sure there's a lot of traffic on the site before I post the realtime update. :)

Comment

I will be updating this analysis in realtime when my brand new AUD/CHF analysis posted on my TradingView receives more likes !!

I want to make sure there's a lot of traffic online to see my latest BTC/USD update!!
Comments
NeverNO
BIG PIC - very optimistic...


TomProTrader
@NeverNO, Thank you for sharing.
bitcoinmestre
Hi Tom can you recommend a trading platform? thanks
isaeed
Signed up for @TomProTrader signal group and profited 800 $ in my first week, taking his trading course now
TomProTrader
@isaeed, im glad to hear that.
Skatespeare
Hi @TomProTrader , Thanks as always! Could you please share your insight in BCH? Would be very much appreciated.
physioprofit
Great job but it maybe small pool back to 18300 dollars in next 2 days
TomProTrader
@physioprofit, I think it will correct even lower than that. I will update analysis soon.
clark05
@TomProTrader, Agree, thanks for the analysis Tom
AKES
Any buy signals Tom?
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