BTCUSDT long using proprietary multi-timeframe trend detection
BTC has maintained the H1 short term trend (13D EMA) throughout the tail end of the New York session, the entire Tokyo session and now the London session. For the coming hours it will be quite interesting to gauge wether we see a reclaim of 73000. This is a crucial psychological and once support is found there if reclaimed today, we'll likely find the spring to catapult us to a new all time high.
Entry: 72528
SL: 71666
TP: 77777
Short term I'd like to see the H4 close back above 73.4k for relative confidence that this leg is well underway. Will look to move the SL into BE when that happens.
Entry: 72528
SL: 71666
TP: 77777
Short term I'd like to see the H4 close back above 73.4k for relative confidence that this leg is well underway. Will look to move the SL into BE when that happens.
Note
SL was institutional liquidity and got hunted on New York session open. Onto the next one.
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