Wait for a pullback to 7.5-9k if you missed out on this recent rally.. 4H MACD slowing. With the building momentum in the past days we could easily see a wave 5 impulse that breaks the downtrend line from the 20k high.
Already have a big position through accumulating the past few weeks but this should just be the start :) if it drops to the buyzone of 9k, definitely add a bit more.
Note
well then i guess we will just keep going LOL
Note
As you can see, we couldn't convincingly break the trendline the first time on Feb 20, i.e. with a close on the daily candle. We are attempting to do so again now and can go to 12k really quickly IMO if we get a daily close above the downtrend line.
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.