BTC to the moon! Where to enter the trade?

For those who missed BTC trade enter at $61500, here's a good opportunity.
Wait for completing 'W' pattern and enter on trendline breakout.
First target is at $74500, where it's better to fix at least 25% of your position.

评论:

On daily it looks that it needs to retrace to at least 0.5 fibo, this is exactly where our trade should be triggered.
Of course it might fall lower. In that case remember that the best entry is on trend breakout.

交易开始:

Order has triggered

交易手动结束:

Better close the trade.
BTC is very weak and could break below SL.
Only after successfully break the trendline a new opportunities could be considered.

评论:

评论:

BTC is going down, in future this trendline will act as a major resistance.
Best long entry is on it's breakout, but need to look at some other factors too.
A false breakout with continuing downward movement can happen

交易开始:

BTC is squeezing the trendline and on the breakout of this line trade is active again.
Stoploss is moved to 63300