GBTC

Please understand this is for educational purposes only.
Seemed to form a reverse head and shoulder pattern.
50 and 150 EMA are trending upward
In stage 2 uptrend. (see Stan Weinstein Secrets for Profiting in Bull & Bear Markets)

First entry taken when broke out from August highs
Second entry when it broke out of a continuation pattern
Third entry, breakout from from July 2019 high

Bitcoin is on the move with media attention which seem like a repeat of 2018. When CNBC starts placing the Bitcoin ticker along with the
Dow, S&P and Nasdq; and the "talking heads" begin saying it's going to 100,000, then its time to scale out. LOL

Although I don't usually place targets for my trades, as I don't have that skill-set yet, I am looking at 1st Target 30.00; 2nd Target 40.00
I plan to ride this one until I get stopped out or the it begins to roll over.