Scale-in plan has commenced with last weeks stop losses hit.
With the 92-day rotation of volume imminent, it i safe to assume that BTC is nearing the end of the current quarter-annual subcycle. An adjusted stop loss is necessary to continue with the initial 30-day plan. To prepare for a 90-day hold, the investor should have already begun accumulation or is continuing accumulation at the 20k levels and set liquidation or stop-losses to 13.5K. Over the course of the next 21-days, to continue the 30-day scale-in plan, the adjusted liquidation levels are adjusted to the 13.5K - 15K levels. Assume risk in proportion to the 92-day rotation date, we want to ideally begin the 90-day hold the same day the 92-day rotation date is struck.
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.