Daily Renko[500] I'll catch my bottom -> possible 76% profit

Bitcoin / DollarBitfinex

Description

⋅ Oct 17, 2018 8:13 PM

I think we have a bottom (i smell it :))
my trading setup:
entry positions (ledgers):
L1: ~6'000 (double bottom + support from November) -> fill 70% position
L2: ~5'500 (wedge bottom + average between .382 and .236 by fibonacci) -> fill 20% position
L3: ~5'000 (wedge bottom + resistance from 09.2017) -> fill 10% positions
stop loss @4'690 (below .236 fibonacci + above VPVR VA + below wedge)
targets: 8'232 and 9'685

first, we go little bit down:
MACD:

RSI:

Stochastic:

Comments

UnknownUnicorn3660593

⋅ Oct 18, 2018 6:44 PM

how do you get the fib retracement to space evenly from top to bottom? when i do it, it dosen't line up like yours.