Bitcoin has almost finished the uptrend
Hello, my friends!
You know where I opened the long trade - at the very bottom when Bitcoin has printed the bullish reversal bar.
Today I closed 50% of position at $28500 and the rest part now have the stop loss at the entry. Therefore I have +1.5%✅ to deposit guaranteed profit and +3%🤑 at the current prices. I made this decision because on the local time frame price is approaching the 2.61 Fibonacci level. Now I expect the local correction in wave 4 approximately $27800 - 0.5 Fibonacci retracement level.
I am going to close the rest of my long trade at the very top of the potential wave 5. When Awesome Oscillator crosses the 0-line I am going to find out the divergence and bearish reversal bar.
Best regards, Ivan
You know where I opened the long trade - at the very bottom when Bitcoin has printed the bullish reversal bar.
Today I closed 50% of position at $28500 and the rest part now have the stop loss at the entry. Therefore I have +1.5%✅ to deposit guaranteed profit and +3%🤑 at the current prices. I made this decision because on the local time frame price is approaching the 2.61 Fibonacci level. Now I expect the local correction in wave 4 approximately $27800 - 0.5 Fibonacci retracement level.
I am going to close the rest of my long trade at the very top of the potential wave 5. When Awesome Oscillator crosses the 0-line I am going to find out the divergence and bearish reversal bar.
Best regards, Ivan
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