Chart is marked with what to watch on CCI chart for jump into pullback. Both 13 CCI and 100 CCI are still in Long signals. I've taken partial profits twice on move uo from~~$42,000, first at +20%, then today at b/e for all entered near 
42K no matter what happens next. The other reason for taking the profits today that assure b/e for whole trade, is that price is close to major resistance near Apr highs and near an extension approximation for a w3 up (gray line angle up)
When the pullback does come I'll prepare for adding Long again when it is nearly complete. Any w5 up then could really move up hard. After that I will be really cautious and not giving back, because any downturn from those height could be large
I wasn't going to post for a few months, but this last move up is completing earlier than I had thought, so here's my update. As always,CCI down signal will need 100CCI inside the +100 to go very far
Happy trading
42K no matter what happens next. The other reason for taking the profits today that assure b/e for whole trade, is that price is close to major resistance near Apr highs and near an extension approximation for a w3 up (gray line angle up)When the pullback does come I'll prepare for adding Long again when it is nearly complete. Any w5 up then could really move up hard. After that I will be really cautious and not giving back, because any downturn from those height could be large
I wasn't going to post for a few months, but this last move up is completing earlier than I had thought, so here's my update. As always,CCI down signal will need 100CCI inside the +100 to go very far
Happy trading
Note
Oct 17 Price is near Apr high, so stall or p/b would be normal. If you make a fresh chart to see CCI, the 13CCI is crossing down thru the Up-trendine, so warning is there. The 100CCI red line is still well above +100,which will contain big losses.Because regulators are near to approving Bitcoin ETF's, this could avoid normally expected retrace at test of high, and just shoot on up. If it does I'll be adding
Note
I'd hoped not to Trade often, but due to the upcoming ETF sales 10.19.21 when price began rising again I added at 59600.Note
At $67,400 BTC almost tagged the 1.618% extension, just above Apr. highs,with Leg C up slightly longer, so far, than Leg A up. At $66,600, $7,000 above the recent add 10.17.21, I'm again pulling off the equity added at BTC= $59,600 but leaving the growth invested for now. btw i am using fractions of full lotsBITO ETF started y/d is up 2.84% today at 43.13
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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.