Perfect profit taking position here shortly off an H&S pattern. Expect consolidation and buy dips. Profit taking would have netted you 5% premium off current prices, which is no small feat for any portfolio.
Its all about earning your edge in trading - don't scoff at 5% - selling at 100 DMA was a no brainer. Now its time to BTFD and see if it rips higher....
last week "moment of truth" RSI break out was nice and gave us easy 20% gains. The next test comes on the actual chart. Break above this resistance line and we could see some new highs for BTC. 100-300% from here is [ [ [ ]]] IF IT BREAKS OUT.
