Potential Inverse H&S playing out on the 4HR chart for $MFT. For aggressive traders, you can buy now or on the break of the neckline. For more conservative traders, a break and retest of the neckline would be a good entry.
As usual, this trade depends on how $BTC holds up. If $BTC tanks, I would expect a retest of the previous low of 85 sats,
As usual, this trade depends on how $BTC holds up. If $BTC tanks, I would expect a retest of the previous low of 85 sats,
Comment:
Not liking how BTC and the market in general is looking. Iam out of this trade for now. Looking at 85 sats as a potential reentry. Be safe out there.
Trade active:
Support at 93 sats held up well. Entered again at 95 sats. Set a stop loss at 92 sats. First target is 110 sats.