Like2Move
Panjang

Targeting 16000

BITFINEX:BTCUSD   Bitcoin / Dolar
A succesful move up to 14400 opens way to higher high 16000.
Komen: Correction occured from 15000 high and, likely, found first bottom at 12800. Or... over:
Komen: Correction continues, one more wave down - targeting 12000 or even 11500
Komen: Ideal correction abc as in Elliott Waves theory :)
Do you take profit at 16.000 ? or wait and see if we will go higher?
Balas
@Bitte8, after a passed recent low 12800 (if correction is over), we can use this as stoploss and hold positions. You can safely play taking profit closing only a part of position at highs and rebuying at lows.
Balas
@Bitte8, if price above bottom 12800, targets are15500 and 17000. At 17000 high I expect significant resistance:
Balas
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