Kassem_Trades

Confirmation of new bull market for Bitcoin.

Long
BITSTAMP:BTCUSD   Bitcoin
This is a long term trade.

Text book confirmation of a trend reversal on the 1 day chart. When a Doji Star (Price opens and closes at same price) is followed by a big white -or in this case green- candle it signals the start of a new bull run and that the bear market is over.... for now.

First target: $14k - Take 25% of profit
Second target: 17 - Take 25% of profit
Third target: 20k - Take 25% of profit
Fourth target: The moon?? Keep remaining position

Happy trading.

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.