Bitcoin 9.28% Long Opportunity
Updated
>The daily chart revealed the presence of Demand and Supply zones, as depicted in the image.
>I verified my analysis by utilizing the Search Volume Profile for a fixed range, which confirmed that a particular level aligned with my identified supply zone.
>Furthermore, I found that this supply zone coincided with the 61% golden ratio zone of the Fibonacci sequence.
cheers!
>I verified my analysis by utilizing the Search Volume Profile for a fixed range, which confirmed that a particular level aligned with my identified supply zone.
>Furthermore, I found that this supply zone coincided with the 61% golden ratio zone of the Fibonacci sequence.
cheers!
Note
As soon as the price reaches a 1:1 ratio, I plan to initiate profit booking.Note
At the 1:1 ratio, I will also set my trade to break even.Note
27401 is first target guysNote
Here are the updated trade targets while I sleep:First target: 27,906.9
Second target: 28,236
Note
waiting for 2 days candle to close below this level Trade closed manually
this may take a jump but i will wait for my entry signal and until then i am closing this one in loss !Note
Re-entering long in spot, unless targets are hit or two days candle closes below blue level.
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