BitcoinLong
BTCUSD - Buying the pullback
BTCUSD finally got interesting over with a break above the 4000 handle. With a buy pivot on the weekly charts and a buy pivot forming on the monthly chart, I'm look a long position around the the 3760 level.
My hope is that price pulls back in the buy zone around 3500 to get a better fill. This will confirm my previous analysis, with a target on the weekly chart at 10500 handle, which is the monthly POC (point of control). This pattern is playing out across most of the crypto's a the moment, and is a buyers pick on which one gives you more bang for your buck.
My hope is that price pulls back in the buy zone around 3500 to get a better fill. This will confirm my previous analysis, with a target on the weekly chart at 10500 handle, which is the monthly POC (point of control). This pattern is playing out across most of the crypto's a the moment, and is a buyers pick on which one gives you more bang for your buck.
Time is the only true currency...how will you spend yours and what value will you receive?
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