BITCOIN: Next steps…

Excellent decision the one I took yesterday placing my STOP LOSS at 5100 USD.

I thought that due to the consistent increase on volume, BITCOIN may go higher and eventually rise till the 2.618 FIBO level which is very common in Crypto as  a form of extended third wave but whales got satisfied just by reaching a little bit higher than the 1.618 FIBO which I placed around 5180 USD.

So, I managed to get a good bunch of dollars with this strategy so I am satisfied for the moment.

Now, that top has become our new resistance level but still our Elliot

About the author: TIMM Trader

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