Get ready for one more leg up before the correction

2019年4月10日

Although the BTC is overbought on weekly and daily charts, we have an ascending triangle formation. Ascending triangle formations usually result in an upward explosion. In 4 hours, the stock RSI is headed up and Tom Demark count gave a green 4. I think the price will be moving up one last time before the correction comes. I think 5350 will be tested again. If that region breaks, the breakout takes place and the price can go up to 5629 (weekly MA50).

Here is my trading idea for Bitmex:

XBTUSD Long @ 5250-5260 TP1: 5320 TP2: 5400 TP3: 5580 SL: 5030 LEV: 1-10X

***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***

2019年4月10日

交易進行

First 2 targets achieved.

2019年4月12日

交易結束：目標達成