kumarz

4mar2015: long BTC for now

Long
BITFINEX:BTCUSD   Bitcoin
0
ok so that decline from 290s(3mar2015) was a clear 5-wave impulse. So now even if the rise from 5mar2015(260s) to 285 was corrective, we should have another wave up. The trendline(green) hasn't been broken yet, so here's hoping ;-)
Per my longer term view  , I am expecting a breakout/controlled rise as opposed to a resumption of the downtrend, so I think we're at key levels at the moment: therefore if the rise from 5mar2015(260s) to 285 was corrective, I'm fucked :D
Anyhoo, I've been long since 285, part weeklies and part quarterlies. Following ibankbitcoins.com/ who closed his long and then went long again.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.