TradingView
Lahcenel
Sep 2, 2019 11:30 PM

Crypto Currency | Bitcoin Follow up Long

Bitcoin / DollarBitfinex

Description

The Bitcoin has crossed the level predicted at 10,354 (now 10,388), leaving us with a 9% profit for those who closed their trades at the level 10,354 for roughly around 4-5 days.

The BTC has also crossed the resistance level of the triangle, which indicates a strong breakout, and the market shows a strong Buy momentum, which might indicate a potential of reaching a new high at level 10,800.

Closing 100% of the trade at this level will still be profitable, but maybe for some, a good move is to close 50 of the trade and hold the other 50% with a free risk trade (stop loss at the level where the trade have been bought), where the second take profit target would be at level of 10,800
More