BTC long entries

Everyone expects BTC to dump and pump, like if it already happened... usually BTC does the opposite. In any case, below plan is for what we expect. Knowing that we may expect unexpected as well =)

What happened when BTC pumped on 25-26/10? It left a lot of shorts behind and they wait for the moment to join, before it grow for more. Market makers shorted above 10k and need to enter as well, but they need liquidity (panic sellers and market stops). We can't know for sure, how deep whales will have to push, before they buy enough, but given zones have strongest support. Since we are targeting the moon, buy range and stop loss distance is large, but that is a long term trade. Could be the last time BTC cost that cheap ;)

Ladder Longs (if all longs hit, that order and percentage should give you ~8300 average entry price):
Entry 1: +/- 8530 (35%)
Entry 2: +/- 8250 (40%)
Entry 3 : +/- 8060 (25%)

Targets +/- 11500 - 14000 - 17000 - moon
Stop loss below 7800 (~7%)

Safety measures: max. 5x leverage for 5-10% of your funds


Regarding shorting BTC - really risky. BTC can pump and will pump. No matter from which level it will happen, it will create a long candle, that will kick of stop loses and liquidate those without. Keep in mind there will be fake bounces, after which price will head lower, but SLs will be already triggered. So it is pretty hard to short it without taking too much risk. Best zone was at 9600, but we left it a long time ago. Now it is 9300-9350, but the risk of leaving getting knocked out is very high.