Simon111

BTC history repeats itself - Improved version

Long
Simon111 Aggiornato   
BITFINEX:BTCUSD   Bitcoin
Now with triangles added

Original post
Commento:
Side by side comparison
Commento:
Next hourly candle could be a bullish one

We nearing the take off time - I increased my stop loss to 8350 (probably should have increased it to 8380-8390 - but I'm bullish)
Commento:
We faked out of the triangle a little bit to the 0.5 fibonacci (on Bitstamp)

Now we bounced off the green trend line and we're consolidating on the 0.705 fibonacci

If we break through the green trend line (which I expect we will) we are bull until at least the first orange trendline and possibly to the 1 fibonacci level and possibly till the top if the arc.

Take profit according to your greed, my profit taking is most likely at 9150-9200
Commento:
Update with improved targets
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