BTCUSD - Risky, but i have no choice !
Emergency update on Bitcoin!
BTCUSD
BTC built a solid Wave 1-2 in the shorter time frames and started with an impulse towards prices of 16'000$ and more.
I don't want to see Bitcoin reaching prices of 19'000 and more when i am not invested, however the risk on the downside is much greater than usual.
Keep in mind that i am only taking this trade, because i already have a position in ethereum which is more than 14% in profit!
1# Long
Long at: 15908.8$
Profit Targets: 19300$ or more
Stop-Loss: 14370$
===================================================================================================================
If you have questions related to a specific stock or the Elliot Wave theory, feel free to contact me.
BTCUSD
BTC built a solid Wave 1-2 in the shorter time frames and started with an impulse towards prices of 16'000$ and more.
I don't want to see Bitcoin reaching prices of 19'000 and more when i am not invested, however the risk on the downside is much greater than usual.
Keep in mind that i am only taking this trade, because i already have a position in ethereum which is more than 14% in profit!
1# Long
Long at: 15908.8$
Profit Targets: 19300$ or more
Stop-Loss: 14370$
===================================================================================================================
If you have questions related to a specific stock or the Elliot Wave theory, feel free to contact me.
Trade attivo:
Position is open like described....
Commento:
STOP-LOSS on entry now! @15804.5$
If you should have any questions regarding our analysis or elliot wave counts feel free to contact us.
The Entry price on the chart is correct!