BTC ROUND 2. 25X

By TradeRepository
Updated
Hello Everyone! And we are back to the second round. See the last trade below as it is an exact replica of the previous chart from Pre-December Christmas Rally.

This trade requires the knowledge of pivotal points.

Major significant points and previous profitable areas to do business are 3387, 3410, 3450, 3688, 3777, 3930.


If we fall first, get out and simply take this same trade again as we breach the lower pivotal levels.

Comment
Active Buyer at 3642!

SL will be 3599.

The trick here is to judge price action strength as we pass through the pivot.

Any signs of weakness we can close before our SL gets hit and then take the trade above 3642 yet again.

Strategy 1: Partially add position half clip at 3642, and another half clip at 3688.
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Filled up avg 3580 above 3577 pivot.

All ready to rumble, looking ready to smash and go to the next cyan line
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Target 2 Achieved.

Preparing for stage 3 over 4k.

Waiting for fakeys until 37xx.

No rush will let you know new entry
Comment
So we at 3777x. Targeting lower 3635 as seen in the forecast. Invalidation will be below 3587
Comment
3750 for Breakout Pivot. Look for strength.
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3750 holding very very strong as anticipated many times.

Look to test 4100
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4000 retest; Except whiplashes 3960-4055 before eventually marking up to 4150
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Heavy whipping back and forth as expected.

Be wary of a wick into 38xx.
Trade active
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Wick into 38xx completed. Preparing final launch sequence to 4150.

Will update you then.
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4150 Achieved.

Restructure the details of the trade.

Prepare for new trend and volatility spikes which will take us on a bumpy road to $5100.

This trade has more profit due to the collection of 0.10% in funding. Will need to be calculated.
Trade closed: target reached
Beyond Technical AnalysisBitcoin (Cryptocurrency)BTCBTCUSD

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