Hey everyone! Sooo.... A lot of people are asking about bitcoin. I have a pitchfork drawn here with to the pip touches and entries that was drawn back in mid November. I have two "energy points". One at 5400.20 and 2933.40. In my personal opinion if the 5400.20 is broken the ill wait for a confirmed touch at 2933.40. If 2933.40 is broken through then ill be under the impression that its down hill from there. Typically I will wait for a to the pip touch on fib lines, upper, lower, and median parallels within the fork. Since the fork has been broken ill wait for a warning line touch or "energy point" as you can see in the chart and wait for a 2 to 5 pip bounce which indicates support. Once my entry is placed ill place a 10 pip stop loss and an alert to notify me if ESL (emergency stop loss) was broken. Low risk high yield.
Hopefully we see this thing skyrocket! This fork has done me well thus far. Best of luck to you all!
Joshua Casey
Hopefully we see this thing skyrocket! This fork has done me well thus far. Best of luck to you all!
Joshua Casey