Today BTC experienced accelerated growth all the way up to 9940, and now 3rd level acceleration no longer supports
Given MID to LONG TERM VIEW (BTC will stay at a range from 8561 to 10084 for a while) and the end of 3rd level acceleration, we have 2 SHORT opportunities
Given MID to LONG TERM VIEW (BTC will stay at a range from 8561 to 10084 for a while) and the end of 3rd level acceleration, we have 2 SHORT opportunities
- SHORT when BTC goes below 9591 with first target 9375, second target 9200, and with a stop loss at 9782
- WAIT for BTC goes above 9940 and get close to 10084, SHORT at a better position
BTC hit the first target 9375 and then quickly plunged to 9250. It didn't hit the second target and was supported by the uptrend
We move the stop loss further down to 9591 so that at least we don't lose for this SHORT