Let's update my prior idea "Bitcoin headed to 11'5k" because that level has been already reached.
We come from here:
https://steemit.com/beyondbitcoin/@luiggih/bitcoin-headed-to-11-5k-short-term-technical-analysis-elliot-wave
Three targets given, target 1 already reached.
And this is what has happened:
Trading idea has been a completely success: target 1 has been reached. Still room for higher highs.
Let's zoom out and check out main resistance zones as they're very likely targets to be reached.
As always, there is also the possibility of making a double top around 11.7k and retest the previous zone where this bull wave started. That will be a flat correction.
Play the numbers, get involved with positive risk/reward ratio trades and use your stop loss to protect your gains.
You might also be interested in:
https://steemit.com/beyondbitcoin/@luiggih/litecoin-will-outperform-bitcoin
https://steemit.com/beyondbitcoin/@luiggih/bitcoin-headed-to-11-5k-short-term-technical-analysis-elliot-wave
https://steemit.com/beyondbitcoin/@luiggih/eur-usd-potential-double-top
https://steemit.com/beyondbitcoin/@luiggih/fibonacci-time-projections-key-tool-to-improve-your-timming-and-your-profits
https://steemit.com/beyondbitcoin/@luiggih/bitcoin-three-reversal-patterns-spotted
Thanks for Reading!
