BTC/USD successfully settled with its support of significance
Not intended to be a piece of financial advice.
Entering BTC/USD pair based on TA weekly close above 28700 proved to be its support of significance discussed earlier (link below). Now, more interested to follow 8hr trend.
Entering at 29200 at 8hr signal, and observing until late Tuesday if the market reverses. Closely watching the move. Based on the probability of post long-weekend reversal, stop-loss at 28500 will best serve to protect should the market pull back and retest with tightening forces on both ends.
Entering BTC/USD pair based on TA weekly close above 28700 proved to be its support of significance discussed earlier (link below). Now, more interested to follow 8hr trend.
Entering at 29200 at 8hr signal, and observing until late Tuesday if the market reverses. Closely watching the move. Based on the probability of post long-weekend reversal, stop-loss at 28500 will best serve to protect should the market pull back and retest with tightening forces on both ends.
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