anhnongdan

Day 1: [GWTT202102] Observing

Long
anhnongdan Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Dlarov and Data Dash's ideas all support the next target for BTC is $50K.
I'm quite biased with these ideas but let's rationalize them a little bit.

For the GWTT series, read more on Evernote: evernote:///view/12832115/s118/6898be4a-1f8f-9d74-e0fa-252a028b2bc1/6e62b3e8-28c3-4961-8323-557b1b2b3293

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Budget and loss cut
1. BTC: $100 | -50%
2. THETA: $100 | - 50%
3. UNI: $100 | -30%
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Personally, I think every signal of all major coins (BTC, ETH, LTC, XRP) are all good, EXCEPT RSI, the coins seem to be little over-bought and I want to wait for a little lower levels. I watch the RSI very closely!!
>> Set RSI alert for BTC at 40.1

Really like to see BTC comes back testing 4H EMA34 and MA50.
***I'm ready to take on challenge on 0.5 and 0.382 levels.***

Risk:
I don't know if everybody is bullish now and the RSI seems not come back very soon.
But I need to be patient!!
+ Plus, bull has run for so so long. It was 121% for 38 days. It's time to see the retracement. I'm comfortable to see BTC touching 1D ICMK.

Positions:
1. Keep watching, set 2 longs at: 33500 and 33000
2. Stop loss at 32380 levels



Comment:
ETH is nearly ATH and I'm not comfortable trading at this level. But ETH is still has lots of potential.

>> Waiting at Daily EMA34, expect it to touch EMA34 at 0.5 to 0.382 levels. It's nice to see the correlation between coins.
Comment:
My analysis still hold true. Waiting to engage!
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