JacobButlerTrading
Long

BTCUSD: The Push to 400

BITSTAMP:BTCUSD   Bitcoin / Dollar
390 2 6
BTCUSD             is pushing upward. 400 seems like a reasonable correction point.
Comment: Price is moving at a greater pace than anticipated. could have been a shor leg four and we are in leg 5 now, but I do not believe so. New profit target set at 420

snapshot
Comment: We had an ultra quick correction and already working back up. 470 is completely possible. Trend shows no signs of stopping!
snapshot
Trade closed: target reached: Set to sell at 470. Sold last night. Rebought this morning at 495
420 was close enough for me, as close to the trend exhaustion we were. I'm out for now.
Reply
Thanks, looking good. I have 428 as resistance, and a time window ending between now and Monday.
Reply
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