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Urbanmove
Jan 25, 2018 9:19 AM

BTC - 16 MIN  Long

Bitcoin / U. S. DollarKraken

Description

THIS IS CHART #4 OF A A SERIES

WE LOOK TO BE IN A SMALL CORRECTION THAT ALLOWS FOR 2 DECENT ENTRIES INTO THE NEXT RALLY. BOTH POINTS ARE MARKED ON THE CHARTS.

STOP LOSS IS $10,528

NEXT TARGET - $12,305

Trade active

Both buy orders were hit. And we are in the expected rally.
Next target to sell is near $12,305. We will look to reset at that time.
Some folks may want to just hold. I like to take money off the table and unpack the wave as much as possible. There a lot of money in there.

Trade active

The waves are unfolding nicely. Upper target remains , stop loss has been moved up to $11,240

Comment

Trade closed: stop reached

Trade closed: stop reached

BTC MARKET NOW HAS A NEW LOWER TARGET. THEN IT STILL PROJECTS TO TURN BEARISH FOR NEW LOWS.

Comments
Urbanmove
@Jakrab2000 @Ashby_Parker - check out the forecast review / replay - there is a play button on the chart. If you press play it will fill in the next block of date. For the older charts, it will load more and more each time you press the play button on the screen. Also if you click on the SHARE icon you can find an option in that menu to MAKE IT MINE. This will let you down load my chart forecast exactly into you charts, with all my tools preset up. Save that work space, as KUMAR or something, and you will have a works pace set up very easily. Let me know if you have questions.
Urbanmove
@Jakrab2000 Here is the chart series.
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