BTCUSD | 3 Buy zones for long term | The only game that matters

Updated
BTC price currentl moving down towards a big support level that generated the last ATH.

I marked 3 Zones where i will buy equally amounts for a long term hold. Target is the orange rectangle (Target Zone).

Favorite Zone is Buy Zone 1 as it has a nice confluence with the 50% of the current range and as mentioned above its from where the last ATH (all_time_high) was created from. Its where my biggest buy orders are placed.

Reason for the target zone is that BTC in my expierence likes to create engulfed tops / bottoms and retests them before further movement.


Good luck

Disclaimer:
- This information does not constitute as financial advice and is only for educational purposes. I am not your financial advisor.
- You trade entirely at your own risk
- Make your own research
- Finance and trading is evil, capitalism is bad, duh ;)
Trade active
1/3 position filled
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2/3 position filled (i placed 3 orders at the top, center and bottom of buy zone 1
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3/3 was filled
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Price approaching buy zone 2
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Again 3 orders placed at the top, center and bottom of buy zone 2
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Postion 3 of 3 filled at buy zone 2
BTCUSDbtcusdbuybtcusdtlongChart Patterns

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