TraderE9

BITCOIN LONG ENTRY

Long
TraderE9 Updated   
BITMEX:XBTUSD.P   Bitcoin
Same as my previous eth entry, i have been awaiting the price action to decide on some direction, volume, orders, etc are still hanging, but finally we are seeing a bit of releif regarding the formations, i think we are gearing up for another move to upside, unsure of how far, whether it may make it past mid 48k levels. For me i have been accumulating position around 61.8 and held back some ammunition for 78.6 test. Good day all!
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Looks as though that was the correct entry yesterday, did have another test on the 61.8 level. which i though was the 78.6 tester but we didnt mak e it down that far so i didnt enter again. see some other projections here that line up with the targets above of 52k. It would be epic if we made it back up to that level 6!
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Taken some profist as we approache dthe trendline entering into the rerisk area. will be adding back in upon retest of the trendline, could come end of daily candle or start of new candle however it is coming into the weekend so be prepared for anything!
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Day traders slowing down proceedings here! :) it will come!
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Its here :) de-risked here, taken profits. Awaiting 50k reclaim phase on higher timeframe so need to wait for those to print.
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