So... We have had a really sketchy release of BCH on GDAX witch was precisely announced in the midst of a correct. Talk about market manipulation. For the weak hearted this is a easy way to collect your profits and go into a new coin that has been recently released on your exchange. But all that nonsense aside.
We want to make money right? Well sometimes its best to buy the exact moment you feel like you would want to sell if you were holding. This my friends is the turning point where things usually will turn around and continue moving higher. This is also the reason why people say buy the dip, or add to the dip. This is your opportunity to buy coins on the cheap!
Entry $12500-$14000 -> Wait for reversal dont start buying when it dropping it has to do a sling shot back
STop 10k
Partial Target 20k
Long Term Target 2k
Note
Error Correction: Long Term Target 22k
Note
BITCOIN May need to do a further correction. Please be careful traders. You must close your log position as first sign of weakness.
Trade active
Trade closed manually
Trade Has Been Partial out 75% at $16,000 due to uncertainty
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.