meszaros
Long

BTCUSD long position.

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
BTCUSD long position. My analysis assumes another rising wave structure. This is explained by the fact that the first fractal shown in the figure can be copied, but with half amplitude. The reason for copying the halved size is that the ATR closing values (white rectangle ) below it are halved. In case of a correct idea of the target price increase: 9527usd.
Jan 19
Trade closed: target reached
Will such timely alignment favour bulls or bears. NOT ADVICE. DYOR.

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meszaros Felix000
@Felix000, Thank you very much for your analysis. For now, my own analysis is still valid. So far he has been following the movement of bitcoin exactly.
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meszaros Felix000
@Felix000, M5ATR stop tracking closed the trade. Profit in the pocket. we go on. 😊💰
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Felix000 meszaros
@meszaros, Cool. Well dome.
+1 Reply
meszaros Felix000
@Felix000, Thank you very much.
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If market closes above $8930 and $9177.5 either one of those looks like could provide next level of support going forward NOT ADVICE DYOR
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meszaros Felix000
@Felix000, Because the rise in bitcoin has reached the target price in my analysis. I'm starting to make a profit. In this situation, I change the STOP order tracking. I'm switching from H1 ATR to M5 ATR tracking. In case you go beyond the target price, I'll go with it too. If not and at this target price the rise ends, then I will realize the profit.
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WOW - Can I buy your crystal ball?

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meszaros Felix000
@Felix000, "WOW - Can I buy your crystal ball?" Yes. Nice color and very fragile :)
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If market closes above $8930 and $9177.5 either one of those looks like could provide next level of support going forward NOT ADVICE DYOR
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