cryptokebab

STEP - Idea 2

Long
cryptokebab Updated   
FTX:STEPUSD   Step Finance
An alternative strategy for STEP
See Idea 1 if you're interested.

Simply playing the local time pivot on Dec 15.
Dec 16 is meant to be a pivot for BTC. ATL breakout retest, 3D supertrend, 80%+ retrace, 1W & 3D FMV Gaps. Lots of HTF confluence for a potentially massive run. I'll take it.

I will scale in slowly if the price comes to my interest zone within the next days but will wait for confirmation to buy the full position.
I will close it if 0.21 turns into resistance on daily/3D, depending on BTC.
Trade active:
Filled 1/4 position @ 0.2520, let's see if I actually nailed the bottom or we have more downside.
Comment:
Rest of the position was filled at 0.2795 (.707 fib + 4h FMV Gap).
Will stop half of the position at breakeven.

Comment:
Up ~30% from average, and 50% from the lowest buys.
If we can clear 0.392, 0.45, 0.62 is likely to come fast
Comment:

Up 86%.

I've taken 30% profit at 0.4665, will consider buying back partially if it turns support after visiting 0.51-0.55. Else, I'll reload at 0.338.
Comment:
Reload target hit, bids filled. However, this has happened way faster than I wanted, so I'm a bit suspicious about it. I'll probably manually cut it below 0.28. but all depends on btc.
Comment:
Closed other trade, will keep this one as an investment bag with stop at breakeven.
Trade closed: stop reached:
Closed at breakeven, bought back at the same weekly level.

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