Chart Idea - BTC Swing Long from 52K
Updated
I am even bullish from here. However, there is a scenario in which I see BTC make another leg down to 52K level which is a 0.618 fib level and full flag's diagonal support as well. Target should be 100K.
Trade Setup
Entry: 52K
TP: 100K
SL: 48K
RR: 12:1
To The Moooooonnn !!
Trade Setup
Entry: 52K
TP: 100K
SL: 48K
RR: 12:1
To The Moooooonnn !!
Note
It reversed from 53K zone on the fundamental news last weekend. Didn't come to our entry point of 52K. Upward momentum would continue if 2 daily candles close above 64K. Otherwise, we can see another leg down.Note
This trade is a gem. We just need monthly above ATH and we are off the races and bears will keep waiting for below 50K BTC LOLNote
Amazing swing if anyone taking this one back in July. It almost hit our SL at 48K but now enjoy the ride to the moon !!!
Not a financial advice!!
Note
Trade is on its way to 100K TP
Not a financial advice!
Trade active
Probably be hitting the TP tonight
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