BTCUSD Partial profits. Daily CCI still Long

Chart is marked with what to watch on CCI chart for jump into pullback. Both 13 CCI and 100 CCI are still in Long signals. I've taken partial profits twice on move uo from~~$42,000, first at +20%, then today at b/e for all entered near $42k no matter what happens next. The other reason for taking the profits today that assure b/e for whole trade, is that price is close to major resistance near Apr highs and near an extension approximation for a w3 up (gray line angle up)

When the pullback does come I'll prepare for adding Long again when it is nearly complete. Any w5 up then could really move up hard. After that I will be really cautious and not giving back, because any downturn from those height could be large

I wasn't going to post for a few months, but this last move up is completing earlier than I had thought, so here's my update. As always,CCI down signal will need 100CCI inside the +100 to go very far

Happy trading

Comment:

Oct 17 Price is near Apr high, so stall or p/b would be normal. If you make a fresh chart to see CCI, the 13CCI is crossing down thru the Up-trendine, so warning is there. The 100CCI red line is still well above +100,which will contain big losses.

Because regulators are near to approving Bitcoin ETF's, this could avoid normally expected retrace at test of high, and just shoot on up. If it does I'll be adding

Comment:

I'd hoped not to Trade often, but due to the upcoming ETF sales 10.19.21 when price began rising again I added at 59600.

Comment:

At $67,400 BTC almost tagged the 1.618% extension, just above Apr. highs,with Leg C up slightly longer, so far, than Leg A up. At $66,600, $7,000 above the recent add 10.17.21, I'm again pulling off the equity added at BTC= $59,600 but leaving the growth invested for now. btw i am using fractions of full lots

BITO ETF started y/d is up 2.84% today at 43.13