Please understand this is for educational purposes only.
Seemed to form a reverse head and shoulder pattern.
50 and 150 EMA are trending upward
In stage 2 uptrend. (see Stan Weinstein Secrets for Profiting in Bull & Bear Markets)

First entry taken when broke out from August highs
Second entry when it broke out of a continuation pattern
Third entry, breakout from from July 2019 high

Bitcoin is on the move with media attention which seem like a repeat of 2018. When CNBC starts placing the Bitcoin ticker along with the
Dow, S&P and Nasdq; and the "talking heads" begin saying it's going to 100,000, then its time to scale out. LOL

Although I don't usually place targets for my trades, as I don't have that skill-set yet, I am looking at 1st Target 30.00; 2nd Target 40.00
I plan to ride this one until I get stopped out or the it begins to roll over.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.