Long

BTC 115k By EOY

Updated

Most of the bullet points are in the chart. If all we do is hold this channel we will hit 115k by eoy. If we get good news out of Microsoft this Tuesday 125k+ wouldn't surprise me. Wont be long before the longer timeframe moving averages will cross the 100k level which will hopefully be giving us support. Happy Sunday!

Note

Well, this ended up as a short trade. Hit the 95k target nicely.
Trade yield ~ 4% with 1/2% stop. another trade where using a slightly larger stop due to waiting for price action to confirm break out. Stopped out on the long, immediately roll short in these situations. Just flip the trade once candles hold below ma's and vwap. Put the stop above.

Trade active

Well we didnt break out where expected, but we got the big move we were looking for once we broke the range. Luckily Im long btc, so when short opportunity arrises I only sell my MSTR stock and buy back lower with more shares. I don't like paying btc fees, and its a long hold so no extra capital gains.

Jamesond

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