A last shake out before going to new alltime high. See orange line broke, we might head for support at yellow trendline, and 57k area, as A wave, B wave retest of breakdown and C down to second blue line.
We are bullish on BTC, not taking a short but rather looking for entries at those points to add to position.
When trade is active we go over targets.
Management:
Adding 25% of position on yellow trendline, 25% at first blue line and 25% at second blue line, keeping 25% for a masshysteria and breakdown to 44k!
We are bullish on BTC, not taking a short but rather looking for entries at those points to add to position.
When trade is active we go over targets.
Management:
Adding 25% of position on yellow trendline, 25% at first blue line and 25% at second blue line, keeping 25% for a masshysteria and breakdown to 44k!
Comment:
Just looking at confluence but 51k is reasonable
