weslad

Bitcoin 5k$ Journey

Long
weslad Updated   
BITMEX:XBTUSD.P   Bitcoin
Well, price still maintain the Bull flag and checking through the picture and possible corrective counts on BTC reveal there is a possible Missing corrective upwave C.

If this wave happen we will see 5k target before we go down for the last drop that will take us to the potential bottom.

My suggestion will be to accumulate BTC till 3100$ and have stop loss below previous low at 30XX level.

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Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.

Set up an entry/exit strategy for every trade, with good risk/reward ratio.
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We are a strong support at 3330 level and we may rise from here and if the level fail the next support is located around 3247$ area.

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Great medium target achieved let see how we go now, I expect little retracement.

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Hello guys we had great breakout yesterday which signal a new trend change, and this move could take us far to our target level area.

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Trade closed: target reached:
Target achieved

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