I'll make this quick
Expecting a massive pump to close the week bullish!
Betting on the end of the correction.
Just recently formed a double bottom on the hourly at key support near upwards trendline. Nice little sweep before we did that too.
Now we back in alignment with higher timeframe trend. Month bullish, week bullish, daily bullish, 4hr bullish now 1hr is turning...and fundamentals still bullish
zoomed down to get my sniper entry on the 15 minutes around 42070 after a minor trendlien break and retest of prior resistance. Also got a nice 1hr engulfing candle...could have gotten in earlier around 41900 but the idea didn't come to me at that time and wasn't focus fully.
1% max for this trade split into 4x 0.25%
have of position stop at 41800
Other half at 41600
1 is 5-6 RR the other 9-10 RR to end the week with a smiley face if all goes well.
That's it for now. Will comment if new data or change of plans ASAP.
Expecting a massive pump to close the week bullish!
Betting on the end of the correction.
Just recently formed a double bottom on the hourly at key support near upwards trendline. Nice little sweep before we did that too.
Now we back in alignment with higher timeframe trend. Month bullish, week bullish, daily bullish, 4hr bullish now 1hr is turning...and fundamentals still bullish
zoomed down to get my sniper entry on the 15 minutes around 42070 after a minor trendlien break and retest of prior resistance. Also got a nice 1hr engulfing candle...could have gotten in earlier around 41900 but the idea didn't come to me at that time and wasn't focus fully.
1% max for this trade split into 4x 0.25%
have of position stop at 41800
Other half at 41600
1 is 5-6 RR the other 9-10 RR to end the week with a smiley face if all goes well.
That's it for now. Will comment if new data or change of plans ASAP.
Trade closed: stop reached:
Bitcoin 8 week bullish streak is coming to an end
Re enterd long just now at 42094 and 42166
Stop 41800
Tp1 : 44150
Tp2: 44730