I expected that Sunday and much of this week would be tough to trade and heavy margin trading would be risky.
- Today/Tomorrow: That being said I believe that we will see horizontal resistance break at $42,500 today and finally see BTC moving to $47k. News will be based on US Funding Bill/s
- Next few Days: Expecting more big price action between $47 and $43k before move to $49k as we retest the broken resistance.
Trading:
- I went long a little early on the 27th only to be stopped out at breakeven on the price breaking under $42k. Need to curb my enthusiasm.
- 100% committed to the long right now - I went long last night at the close on Spots and some lightly leveraged positions on UNI and ETH, no large leverage - 75% of funds.
- Break below $40k and market is toast.
Best, Hard Forky
- Today/Tomorrow: That being said I believe that we will see horizontal resistance break at $42,500 today and finally see BTC moving to $47k. News will be based on US Funding Bill/s
- Next few Days: Expecting more big price action between $47 and $43k before move to $49k as we retest the broken resistance.
Trading:
- I went long a little early on the 27th only to be stopped out at breakeven on the price breaking under $42k. Need to curb my enthusiasm.
- 100% committed to the long right now - I went long last night at the close on Spots and some lightly leveraged positions on UNI and ETH, no large leverage - 75% of funds.
- Break below $40k and market is toast.
Best, Hard Forky
