jhypark
Long

BTCUSD 1month target max 5600$

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
BTC 1 month down and 1 month recovery idea.
There has been a sharp upward trend for one week already.

(STRICT) STOP LOSS=3800~3900$ (daily close)
LONG idea TARGET=5600$ (with follow-through, 6000$ possible)
FINAL TARGET=3000$ in two month.

This idea was inspired by the Japanese market NIKKEI 225 bubble.

Comment: Upmove takes 5 month, not 1 month. I was wrong.
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