TraderSQUAD
Long

Bullish fun with Bitcoin

BITSTAMP:BTCUSD   Bitcoin / Dollar
8 months ago
I don't trade BTC so this is 10 mins of analysis for laughs.

Number of ways to play this;

1. Buy for the 5th wave target of $550 (4:1 reward risk)

2. Buy for the 3rd wave $510 target (2.9:1 reward risk) then short it for the 4th wave into $470 - $450 (2.8:1 reward risk) and then buy the completion of the 4th wave into the 5th

Below $435 negates. Would look to go 3x short and break even or some profit.
7 months ago
Comment: $510 objective achieved

$540 becomes the high of the 3rd wave
7 months ago
Comment: Countertrend 4th Wave short

Sold $529
TP1 $487
TP2 $470

snapshot
4 months ago
Trade closed: target reached: Trade closed on reversal

Short at 525 closed at 610 = -85$
3x reversal (long) at 560 closed at 610 = +150$

Net = +65$
https://telegram.me/TradersquadSquawkbox for live market updates
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out