BTC just completing "C" of ABC and I expect now to see BTC make a minor advance in another abc sequence as shown by red arrows on my chart. This is a common wave sequence and this upward move while it could be the start of a long bull trend is more likey simply a corrective minor move to the prior ABC decline. I do not think this advance I am expecting to be the start of moves toward a new all time highs - not just yet but likely that bull move will begin after this minor push up completes followed by one more move down in the final ABC correction of any significance for some time. This is a good short term entry I believe at this price BTC will make a nice short term trade opportunity but I would want to enter somewhere before it crosses above 760 - 765.00 BTC/USDT range and set a stop limit right after entered at not less than $749.00 so in the event the trade plan fails loss is minimized to $10-15 bucks per BTC. I entered here on ETH as it follows BTC moves but I wanted to add more ETH to my portfolio.
Good Luck and keep using the stop limit orders to protect against losses and ensure your gains are kept safe.
Good Luck and keep using the stop limit orders to protect against losses and ensure your gains are kept safe.