Long

Updated

$BTC Short Term Play

This is my idea about short term, please be cautious as we approach the halving date.
I didn't enter in this trade, this is just an idea.
* This is not FA and please DYOR.

Note

is playing exactly as expected, touched the 50k$ levels then bounced from there, we will head into the 0.618 level around 68K$ then a small retrace before the fully send.

snapshot

Note

if following the pattern, next stop will be around 62k$.
Let's see.

Note

is still in play, we are holding our position.

snapshot

Note

is still in play, I'm waiting for a breakout before everything goes parabolic.

snapshot

Note

is following the chart perfectly, we might fond some resistance at the 0.68 FIB level.

Trade active

Note

is approaching a critical level at daily frame.

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Note

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Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.