OKCOIN:BTCUSD3M   Bitcoin / Dollar Forward 3 Months
Opening a long at ~$750 (33%) and ~$670 (66%) with a ultimate target over $1000

Margin used x2

Expected profit 30% x2 = ~60%
Trade active: Trade opened, first buying target reached.
Bought at $750.
Comment: If dark green trend line is broken, a scalping short opportunity could be to target the light green trend line.
Trade active: If 860 is broken with strengh and it is not rapidly rejected, moon is the target.
Fasten your seat belts, hold your breath and be ready for the taking-off
Trade active: This is going exactly as planned
Now there are two possible scenarios:
1.Retracement to ~840 then break out heading to ATH
2.No retracement beyond ~880 then break out to C&H target at 1030
Comment: Current status: +44% profit
Comment: It seems no-retracement option is the chosen one by bitcoin.
Currently standing on 53% profit.
Trade active: Target approaching. With this strenght we could reach it in the next 24h
Trade closed: target reached: Trade closed at 1027.
Total profit: 73.87%

Looking forward a dip to rebuy-in, hopefully as low as 960.
Will post a new chart for a possible new trade.
When did 1027 happen ?
Reply
bagofXMR TahirKhan2a
@TahirKhan2a, From 14.30 to 15.45 CET time
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