SWEPT GOLDEN POCKET, BULL DIV ON 4H, BREAKOUT TOWARD 32K
I am long on this sweep that formed a 4H bull div, and pixel tapped the golden pocket.
Would like to shave a bit of profit at my $30.5k level, reload some more on one of the higher lows, then hold the position to $32k and possibly reduce, then add again on a higher low before we rip above $32k.
If my strategy here fails the next level I will be watching to go long is the 28 ,750 level and the 28 ,250 level.
One thing for certain, is once we're trending to break that $32k level, I really want to be long as it looks like all air until $37k.
Would like to shave a bit of profit at my $30.5k level, reload some more on one of the higher lows, then hold the position to $32k and possibly reduce, then add again on a higher low before we rip above $32k.
If my strategy here fails the next level I will be watching to go long is the 28 ,750 level and the 28 ,250 level.
One thing for certain, is once we're trending to break that $32k level, I really want to be long as it looks like all air until $37k.
Trade closed: stop reached:
Stopped out on both trades/plans
Could easily be invalidated though and get stopped out as its pretty heavy. debt ceiling debacle hurting and trad markets hurting. though the sell off pressure on BTC seems to be easing off, dont know how much more we can sell..
also taking note of total 1-3 MCAPs with bullish retests.