BTC USDT, rebought some crypto. Went long (scalp)
Hey everyone
After yesterday's fakeout and then breakout towards 46350, I was happy I was in a short and sold crypto around 47200. HOWEVER
It was only until 46350 that bulls quickly rebought btc.. and we are again looking to test the ascending triangle as seen in my previous update.
I have the idea that we will manage to break into it again. How we will fare from that point, we will have to see, but instead of buying from 48500, I decided to call buys from 47400 today.
And this is not only btc. There are many alts that got hit with a decent correction. It is a good moment to buy a few.. and hopefully we do break 48k. If we reject, I'll sell btc breakeven after taking tp1 at 47900& 47770. That is the long I am doing right now.
47400, 47200, 46850. Sl 46680. That would be considered another breakout (downwards).
Tps all the way to 52500. So RR is great. (If back in bullish sequence, we can go high)
Very risky move. But it's just what I think and I decided to go with it.
After yesterday's fakeout and then breakout towards 46350, I was happy I was in a short and sold crypto around 47200. HOWEVER
It was only until 46350 that bulls quickly rebought btc.. and we are again looking to test the ascending triangle as seen in my previous update.
I have the idea that we will manage to break into it again. How we will fare from that point, we will have to see, but instead of buying from 48500, I decided to call buys from 47400 today.
And this is not only btc. There are many alts that got hit with a decent correction. It is a good moment to buy a few.. and hopefully we do break 48k. If we reject, I'll sell btc breakeven after taking tp1 at 47900& 47770. That is the long I am doing right now.
47400, 47200, 46850. Sl 46680. That would be considered another breakout (downwards).
Tps all the way to 52500. So RR is great. (If back in bullish sequence, we can go high)
Very risky move. But it's just what I think and I decided to go with it.
