Quick BTC update 09.05.2020

in #btc4 years ago (edited)

Not only did my leveraged long trade hit the 4x of initial risk target at $9944, we also likely have the next corrective pattern completed soon.

Normally I would have sold 60% of this trade, but not this time. If this pattern is completed we could easily see 11k very soon...

In my last post I told you I was long at $8800.


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Feel free to use and share my charts, but please mention me, @ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.
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Please consider leaving a comment, like or resteem, if this post entertained you or helped you see things differently...

Have a nice day :-)

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Very nice trade and good job hanging in there. $11K BTC would be nice for all involved.

I will be watching closely.

Posted Using LeoFinance

Thanks. We are also very close to having a bullish break-out out of the daily cloud. If we can stabilize above it ($10100), we could see 14k again in May.

That would be a heck of a run.

It would be near the high of the last year.

It will be fun to watch.

Posted Using LeoFinance

Thanks for the update. Rehived :-)