My method of closing instrument holded longterm (as investment) is to not seek the top, but if You see drop from All Time High (in my drawing i got 10000USD for BTC but it's for example only, not a prediction of price!) deeper than 38.2 Fibo (especially on closed Daily and Weekly bars) You should close part or whole holding after bump from levels below 0.382 (and this bump should be minimum 0.5Fibo or more - measured from All Time High to dip).
Note
For example this picture what should be done after deeper pullback than 38.2@ from All Time High.Note
Lesson from the past (BTCUSD pump and flash crash autumn 2013)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.