Bitcoin (BTCUSD): New ATH Is In Sight

מעודכן
Previously, we opened a short position @8170, which was supported by a bearish triangle breakout:
Bitcoin (BTCUSD): Crossroads Triangle

The price dropped 3.6% and reversed @7890 support. Depending on timing, some traders took a profit or closed out @breakeven. We now have to adjust to market conditions and get ready to go long BTC for new ATH.
הערה
Position reversal/stop-loss criteria: תמונת-בזק
הערה
Ok, we're good.
Watch for key levels on the chart.
הערה
9000 is fine to take profit on this trade: תמונת-בזק
העסקה בוטלה באופן ידני
9300.
The market is raging, and I want to share with you a valuable trading tip. If you want to maximize profit during such strong trending moves, think about applying Parabolic SAR indicator as your trailing stop loss level. That is, you adjust your stop order manually every hour according to this indy. Works great. תמונת-בזק
Bitcoin (Cryptocurrency)BTCBTCUSDChart PatternsnixcoinTrend AnalysisWave Analysis

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