BitcoinPanjang
Clean $btc break out, target $23k
The path of bitcoin is almost to clean to be accurate.
From the 3.3k it moved up in 5 waves and then retraced to just beyond 61.8%.
Now it has broken out of the retracement channel and it seems to have started with it’s next momentum wave which will be even wilder than the move from 3.3k to 14k.
My first target for this move is around
23K (1.618 multiple of the first 5 waves up momentum move).
Yet, this can also be a wave within an continous retracement (wave b). So still apply risk management:
- stoploss if the price returns into the declining channel.
- position sizing, btc position max 2% of trading account.
Result: Trading without sleepless nights.
From the 3.3k it moved up in 5 waves and then retraced to just beyond 61.8%.
Now it has broken out of the retracement channel and it seems to have started with it’s next momentum wave which will be even wilder than the move from 3.3k to 14k.
My first target for this move is around
23K (1.618 multiple of the first 5 waves up momentum move).Yet, this can also be a wave within an continous retracement (wave b). So still apply risk management:
- stoploss if the price returns into the declining channel.
- position sizing, btc position max 2% of trading account.
Result: Trading without sleepless nights.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.