I think we almost reached the end of the bullish run and the completation of the bearish pennant patter is almost there. I think it will try a weak breakout and then we're going for a retest of 4k area. I'm starting my short right now, placing a stop loss at 7300. 1st TP at 5000 2nd TP 4600 3rd TP 4300
COINBASE:BTCEUR I can see an inverse trend coming or at least a recovery of the 3.5% lost of today. Bought at 6190 EUR (6900 USD) Stop-Loss at 5950 EUR (6630 USD) 1st target profit - 6379 EUR (7109 USD) 2nd target profit - 6439 EUR (7175 USD) 3rd target profit - 6532 EUR (7280 USD) If the 3rd target is reached there is a high probability of inverse...
As predicted in the previous graph BTC broke the 9240 resistance. Updating my stop loss as follows: Stop - 9400 Limit - 9350 Alerts: 9515 (Possible take profit) 9800 (Target profit)
At around 2 a.m. BTC bounced on lowest support triggering my stop losses. Bought again at 9180 and fixed lower stop losses to allow higher trade margin. Actual stop loss: Stop - 9100 Limit - 9080 Alerts: 9100 (Stop) 9080 (Limit) 9240 (First resistance) 9315 (Possible take profit) 9515 (Possible take profit) 9800 (Target profit)
Defining uptrand channel, we should find the first resistence around 9435 EUR (set an alert here). This might be a selling point which i'd give a good 70% of probability. Selling at this point i will have half of my target profit (4% instead of 8%). At this point i will consider raising my stop loss limits and eventually run away with still a good profit for a...
BTC just bounced on up-trand support, impulse coming. Bought at 9180 EUR. Stop loss at 9150 limit 9130. Alerts the same as in the previous graph at 9315 and 9515. Target profit 7-8% in 13h at 9800 EUR.
Bought at 9074 EUR planning to make 7% target profit. Stop loss at 9025. Profit alerts: 9315 and 9515