protradingmentors

Possible Med Term Long Signal BTC

Long
BITFINEX:BTCUSD   Bitcoin
Since our AM Wave Indicator turned positive we have been 2/2 on our swings taking some decent profits. Now there might be a third signal soon but as always you have to wait for confirmation at 10,750 where our Buy Stop Limit has been placed .

Our first target of 11,020 was met in our last trade. Our next target is 11,800.

The Long Term Wave Indicator is still NEUTRAL so we are being more careful then if we had time frame alignment.

Trade closed: target reached
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.