BTC is finally going out of a downtrend channel? Probably yes!

23 Nis 2019

Bitcoin is practically out of a downtrend channel formed since january '18. Now Bitcoin can turns so bullish if it brokes 6k resistance (but it may still continue bearish if it can't pass 6k resistance, so take care)

My trading plan:
I think we're going bullish, so I'm going Long right now with 3x leverage, with Stop Loss at $5,200
1st target: $6,500
2nd target: $7,900

BUT, if BTC can't pass 6k resistance, it will invalidate this call.

Best regards!

11 May 2019

İşlem aktif

1st target at $6,500 was reached, but I didn´t take profits, instead, I've just moved my stop to $6,530 and let the winners run!

I just slightly modified my targets, now they are:
1st target: $6,900
2nd target: $7,645

12 May 2019

İşlem aktif

Again, $6,900 target was reached, but I didn't take any profits, I justo moved my stop at $6,901 and let that long order running.

22 May 2019

İşlem aktif

Again, our targets $7,645 and $7,900 HAS BEEN REACHED =)

At first, I didn't take any profits and just moved my stops to $8,100, and finally took profit in that price. A GREAT Trade, near 120% profit (because of the leverage, +40% without it) in just two weeks.

What I expect next?
1.- A little retracement (maybe we are in it right now, so charge your bags and buy the dips), and then:
2.- Still going up to $9,4k (1st target) and $10,2k (2nd target).

I'm going to share with you my technicals analysis as soon as possible. Best regards!