Bitcoin - The Dip Takes No Prisoners!
Updated
I doubt it will go below 58k. So stop thinking another pullback will come to re-enter back in. That's not going to happen, 55k was the second best entry option for those who missed the retest at 50k.
Time to look for another entry closer to 58-59k
The price action is very telling and, for the most part, the bottom is in. Will we get a double confirmation on another retest of 53-54k? Not likely.
Slow climb from here to leave everyone on the sidelines!
Time to look for another entry closer to 58-59k
The price action is very telling and, for the most part, the bottom is in. Will we get a double confirmation on another retest of 53-54k? Not likely.
Slow climb from here to leave everyone on the sidelines!
Trade active
Back inside the buy zone.
Like this level. Should stay around here with a chance of 56k being a wick!
Trade Active
Trade active
Testing back into the 56k zone.
Trade still active. Last zone for me to remain in this idea.
Below and Ill cut the trade.
Trade active
Taking a tiny bit off here and will wait on a reclaim above 61.5k for further conviction.
Has been the main pivotal point of this move so far.
ABOVE = Happy Bulls
Trade active
Almost there.
Should respect 58.5k if this is going higher over the weekend.
below that and I'll cut the trade.
Trade active
Just need to stay above the mid level.
If it creates a deviation and falls back below....... It's a clear short for me.
For now, its a price reclaim.
Note
Still in progress. It just needs to stay above 61k for a positive end to the month.
Overall, I’m optimistic about the current price action, but I need to stay cautious in case market conditions change.
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