Inverse #Head&shoulder on #bitcoin, 1474% profit within a week!?
I do some of my best work when I am half asleep lol after we broke 7160 I expected 6900, I didn't give a proper signal as I was still on holiday fever & market had some of the lowest volumes however what I did was I shared this chart on 2nd Jan & boy was that the perfect entry :O
I missed the entry though & I went long at 6950 when I woke up was able to close at 716x for a good profit, early exit & late entry :-/
however it is not too late, now we are at the H&S neckline resistance, we can wick up 75xx but it's the candle closes that really matters, so keep an eye on 4hr chart, be patient & wait for the entry at 7087 which will also be 61.8% retracement from 746x level, I will keep updating the chart as we progress
if we get this trade right on cross leverage we will have 1474% ROE & will have rocking start to 2020!!
you can also use Leverage on Bitmex or bybit to multiply your profits but remember Leverage Trading is HIGH RISK So is Crypto trading & that's why I am legally obliged to say
#DYOR
remember I am not a financial advisor & this are all just my thoughts :)
make sure to leave a comment & if you agree then hit that thumbs up
Do not forget to check out other ideas & do share it with your friends :)
I missed the entry though & I went long at 6950 when I woke up was able to close at 716x for a good profit, early exit & late entry :-/
however it is not too late, now we are at the H&S neckline resistance, we can wick up 75xx but it's the candle closes that really matters, so keep an eye on 4hr chart, be patient & wait for the entry at 7087 which will also be 61.8% retracement from 746x level, I will keep updating the chart as we progress
if we get this trade right on cross leverage we will have 1474% ROE & will have rocking start to 2020!!
you can also use Leverage on Bitmex or bybit to multiply your profits but remember Leverage Trading is HIGH RISK So is Crypto trading & that's why I am legally obliged to say
#DYOR
remember I am not a financial advisor & this are all just my thoughts :)
make sure to leave a comment & if you agree then hit that thumbs up
Do not forget to check out other ideas & do share it with your friends :)
7700 should act as support now, we also have 2cme gaps below, will be risking small amount at 7700 for long