Wait for close above the grey thatched line. Targets are already up on the board from previous time.
הערה
⋅
target 1 hit and we're retracing to the thick orange trendline. This might be good; next target starts 1850 and might go as high as 2100
above that? 2600-2800 , but by then we should have an update on this signal.
הערה
⋅
move your stops up to the grey line at 993 satoshis. Buy the breakout on the current dip. Ride it up to the next target.
1400 is resistance too; taking partial profits to buyback a potential retracement wouldn't be the worst idea if you can sell the upper wick. Otherwise, just let it ride.
הערה
⋅
We're at some predictable resistance (hence the orange lines) and people taking profits, while bitcoin is having another little rally here. If you've got profit, i'd suggest to lock it in and pay attention
Which indicators/signals are telling you this is back on the menu? Also, what chart should we be looking at for a close above grey line? Thx.
robertjulius
⋅
@jeremyalain, i'm looking at moving averages and trendlines drawn from prior highs and lows, as well as fib targets. Points where trend lines intersect eachother near a fib retracement level are hotspots of potentiality signalling either resistance or a price target for the related moves.
jeremyalain
⋅
@robertjulius, Cool. I have locked in delightful profits and waiting for buy signal to jump back in;)