BTC is not the driving force of the cryptocurrency market anymore.
It is expanding elsewhere.
Here is a 5R Trade.
Updates every critical event.
Enjoy!
Note
Hope you are enjoying the ride
Note
Double Entry.
No changes to current play
Note
Double Entry should = Double Profit.
Take off the additional risk and pay yourself.
Look for a continuation setup while holding the overall swing down for lower.
Cheers!
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This is why you pay yourself.
Everything is still following the schematic.... $8700 is the key. A break above with the right momentum and the squeeze can take us over $9000 on the weekly.
For now this is still active until we can breach 8700 as seen in the chart.
Trade closed: stop reached
Trade is closed on the break of 8700.
Looking to do business in a new trade if market retraces back to 8700.
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