Ankit_1618
Long

Bitcoin Momentum divergence!, Expect a Sudden Jump

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Exchange : BITFINX
Time Frame : 4hr

Analysis :
1. Momentum is Increasing with decrease in price, Expect a Sudden Jump!
2. Strong Support Levels around USD 11950

Take Profit!
1. Buy Around : 11950, accumulate till 11500
----a. Buying Strategy
-------a1. invest 30% capital around 11950
-------a2. invest next 30% capital around 11600
-------a3. invest 40% capital around 11500

2. Stop Loss : 10300

3. Profit Expectations
------ Book 30% Partial Profit around $14000
------ Book next 40% capital around $15000
------ Carry Rest 30% capital above $15500
No retreat no surrender, I sleep when I am done!
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