Hi all.
I welcome your thoughts on my first ever trade.
I saw the December pump then recovery of Bitcoin.
I figured I'd try a strategy I learnt from watching Chris Dunn on You Tube.
I waited for the price to come back close to what it was pre pump on December 06th.
Here I bought in, Jan 11th.
Now I've plotted a 3 point Fib Extension with the middle point being the market high December 18th
I've marked my target profit at the 0.55 Fib line in the future.
Thoughts?
I welcome your thoughts on my first ever trade.
I saw the December pump then recovery of Bitcoin.
I figured I'd try a strategy I learnt from watching Chris Dunn on You Tube.
I waited for the price to come back close to what it was pre pump on December 06th.
Here I bought in, Jan 11th.
Now I've plotted a 3 point Fib Extension with the middle point being the market high December 18th
I've marked my target profit at the 0.55 Fib line in the future.
Thoughts?