Hi, thanks for viewing.
I am targeting these levels as an entry point for BTC; between 28,570 and 27, 737. It may not get there... or overshoot of course. So, I will buy some at these levels and watch for signs of support if it reaches that zone... if I can get a higher low with good volume I will buy the rest when I see this.
Where to after that? I don't know... A quick 15-20% bounce is my worst-case scenario. I am targeting a 20% gain within 2 weeks. I haven't decided if I will sell up or just take some profit and let the rest run - hoping for a new all-time high. I am an optimist, and hate missing out on gains... so probably stay in for a while. This is just a small trade... still holding some longer-term from Dec 2018 and March 2020. Sold most already, things are a bit frothy, but I see an upcoming opportunity for re-entry.
Anyway, lets see how things go... good luck everyone and protect those funds.
I am targeting these levels as an entry point for BTC; between 28,570 and 27, 737. It may not get there... or overshoot of course. So, I will buy some at these levels and watch for signs of support if it reaches that zone... if I can get a higher low with good volume I will buy the rest when I see this.
Where to after that? I don't know... A quick 15-20% bounce is my worst-case scenario. I am targeting a 20% gain within 2 weeks. I haven't decided if I will sell up or just take some profit and let the rest run - hoping for a new all-time high. I am an optimist, and hate missing out on gains... so probably stay in for a while. This is just a small trade... still holding some longer-term from Dec 2018 and March 2020. Sold most already, things are a bit frothy, but I see an upcoming opportunity for re-entry.
Anyway, lets see how things go... good luck everyone and protect those funds.
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Wave C always has 5 sub-waves and nothing has yet met normal extensions. I am still waiting for either a break above 33,850 which will indicate a buy, or a price correction to below 28,000 for a buy opportunity.