Filnft

New data suggests $40,000 btc

Long
Filnft Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
A New Opportunity was revealed.

Bitcoin Long to $40,000

Tp 1: $39,600 50%
Tp 1: $39,850 25%
Tp 1: $40,000 close

Closed my short at break even.

I guess y'all want to know why?

Main reason is , the 4hr candle close quite bullish and it's above resistance. and trending up. Wanted the short to come down fast print a 4hr candle that's bearish or big top wick. That didn't happen and didn't feel confident about the short no more and Powell didn't say anything in the fed meeting like wtf.

Plus I saw an entry confirmation for a long-Not the strongest one though but still valid. So decide to enter early

Stop is around 38566.
Roughly 7 RR trade

.25% Risk

Might scale in another .25% if get further confirmations.
Comment:
Am looking to scale in another .25% at 2pm if 1hr close above 38900 area. Next 4 minutes.
Trade active
Trade active:
I closed out the very first position fully. the second position is up around 5RR with target at $39950

Also just added another position at 39500 not too long ago target set to 40k Roughly 2.5RR

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