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paulflint
Mar 20, 2021 5:07 AM

Bitcoin next long opportunity for $65k Long

Bitcoin / TetherUSBinance

Description

Enter $53110
Possible we dont see below 54K so spread your entry orders

Height of pennant / triangle is target from breakout, close around 65K

Could be a descending triangle could be a pennant, adjust as necessary as pattern develops

Comment

Big buys sat at 55k and 54k, I'm gonna wait, I want a lower entry.

Comment

Put stop in profit 54K
Comments
paulflint
Triangle broken
Approaching entry
If there is not much buy volume, close the trade
no point trading something at 50k that only a couple of years ago people didn't want to pay 20k
paulflint
Placed an order at $54600
paulflint
Looking at recent candles and action, it could be this long move has been removed from play
See here:
TheColdApple
That’s what I’m rhinking
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