MSTR Alert: Trend Reversal Sparks October Rally!
Updated
The 
MSTR chart has just triggered a weekly signal, marking the first time we’ve seen a reversal signal alongside a fresh trend signal right at the range lows.
The trend appears healthy, and if October mirrors the previous months, I expect a rise in the crypto markets. While I'm not overly optimistic about Bitcoin's price movements just yet, I’ll be satisfied as long as it finishes the month positively.
A valid reclaim of $150 would lend significant strength to the uptrend.
Invalidation is set at $119, so manage your risk wisely.
For take-profit areas, consider $270 and $540 once the upward movement begins.
Keep in mind that ETF flows have been zero or negative, whileMSTR has been purchasing an average of 70M in BTC daily over the past week. MicroStrategy typically buys during bear markets or significant retracements. The key thing to watch now is how the market reacts once this buying subsides.
MSTR chart has just triggered a weekly signal, marking the first time we’ve seen a reversal signal alongside a fresh trend signal right at the range lows.The trend appears healthy, and if October mirrors the previous months, I expect a rise in the crypto markets. While I'm not overly optimistic about Bitcoin's price movements just yet, I’ll be satisfied as long as it finishes the month positively.
A valid reclaim of $150 would lend significant strength to the uptrend.
Invalidation is set at $119, so manage your risk wisely.
For take-profit areas, consider $270 and $540 once the upward movement begins.
Keep in mind that ETF flows have been zero or negative, while
MSTR has been purchasing an average of 70M in BTC daily over the past week. MicroStrategy typically buys during bear markets or significant retracements. The key thing to watch now is how the market reacts once this buying subsides.Trade active
New Weekly Expansion Bar, Baby!!! 🚀
We’re now ready to make all-time highs and leave everyone behind! BULLISH, BULLISH, BULLISH wherever you look. It’s time to add more risk as this just confirmed the weekly trend!
Let’s ride this wave! 🌊
Trade active
It seems that not many people take the trade unless I post the risk-reward (RR) on the chart! Trading is a mental game, and just visualizing the setup can provide clarity and boost your confidence in the direction. This adds to your overall bias bs.
To be successful, keep unnecessary distractions out of your trading. The full picture is clear: we’re just one level away from breaking through.
Once we get above $182, that’s when most will jump in and drive the price toward our targets. So, hold your positions and be ready to add more on retraces.
Trade active
It looks constructive here. As long as it stays above the reclaim zone at 146, it should continue to trend higher. Let’s keep an eye on it! MSTR
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Are you not entertained? Let’s start trending from now!
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There's no need to risk anything here. If it goes back inside, I'll treat it as a deviation play and close the trade.
I'm aiming for the mid-range in case it closes back inside.
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This is looking great—really great! It just hit a new all-time high and has an expansion bar on top of that.
I still believe prices need to stay above 182 for this momentum to continue, but right now, it’s an easy hold from our initial entries below 150.
Targets are marked on the chart, and if everything aligns, we could be aiming for $500!
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Had to post this weekly candle. :)
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