Emergency update on Bitcoin! 
BTCUSD
BTC built a solid Wave 1-2 in the shorter time frames and started with an impulse towards prices of 16'000$ and more.
I don't want to see Bitcoin reaching prices of 19'000 and more when i am not invested, however the risk on the downside is much greater than usual.
Keep in mind that i am only taking this trade, because i already have a position in ethereum which is more than 14% in profit!
1# Long
Long at: 15908.8$
Profit Targets: 19300$ or more
Stop-Loss: 14370$
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If you have questions related to a specific stock or the Elliot Wave theory, feel free to contact me.
BTCUSDBTC built a solid Wave 1-2 in the shorter time frames and started with an impulse towards prices of 16'000$ and more.
I don't want to see Bitcoin reaching prices of 19'000 and more when i am not invested, however the risk on the downside is much greater than usual.
Keep in mind that i am only taking this trade, because i already have a position in ethereum which is more than 14% in profit!
1# Long
Long at: 15908.8$
Profit Targets: 19300$ or more
Stop-Loss: 14370$
===================================================================================================================
If you have questions related to a specific stock or the Elliot Wave theory, feel free to contact me.
Trade active
Position is open like described....Note
Noticed an incorrect information, i went Long at 15804.5 not as stated above.The Entry price on the chart is correct!
Note
STOP-LOSS on entry now! @15804.5$
If you should have any questions regarding our analysis or elliot wave counts feel free to contact us.
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.
If you should have any questions regarding our analysis or elliot wave counts feel free to contact us.
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.