BTC: SMA 3/12 Long Plan
Updated
I've got my plan figured out now. If SMA 3/12 on Daily does not Dead Cross I'm back in long. This strategy has been extremely profitable and low risk for me over the years in major situations. I used this method to get into this up wave on the Weekly chart and it now proves itself relevant on the Daily. I love this strategy and I definitely recommend you consider this in clinch situations. Here is a Daily chart showing how a failure to Dead Cross would confirm a Change of Polarity (resistance becoming support), as well as confirming resistance if it does Dead Cross. I love these binary decisions! On the Weekly chart I circle when I last used this method to enter this up-wave. Seriously, just waiting to trade these types of setups on Weekly and Daily charts makes everything so much simpler and super profitable. It's also an excellent way to stay long. You can simply hold until it looks like there's a high risk the MAs may Dead Cross again. I love it.
Note
Another perspective:Note
It appears to me that the 3/12 will not dead cross. I have entered long.Note
Target 6M Pivots R3: $79,000Note
Trade closed manually
GET OUT. BEARISH DIVERGENCE ON HEIKIN ASHI WEEKLY.
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