POPCAT - The CAT that just keeps on GIVING!!
Updated
Let’s revisit POPCAT, which has delivered excellent returns and continues to show promising price action.
First Setup: I’m looking to enter at the monthly level and on the reclaim of the red line (pivot area). If the market maintains enough strength, this level should hold.
Second Setup:
This comes into play if the market remains indecisive and needs to retest lower to validate the recent up move. I plan to re-enter at the mid-level, which aligns with a significant macro pivot area on the chart.
I prefer the second setup as it carries less risk and offers a cleaner entry, but the first setup remains a backup if the market shows strength and starts making new upward waves from here.
Place your bets and let the market dictate the moves.
BITCOIN needs to behave above 60k :)
First Setup: I’m looking to enter at the monthly level and on the reclaim of the red line (pivot area). If the market maintains enough strength, this level should hold.
Second Setup:
This comes into play if the market remains indecisive and needs to retest lower to validate the recent up move. I plan to re-enter at the mid-level, which aligns with a significant macro pivot area on the chart.
I prefer the second setup as it carries less risk and offers a cleaner entry, but the first setup remains a backup if the market shows strength and starts making new upward waves from here.
Place your bets and let the market dictate the moves.
BITCOIN needs to behave above 60k :)Trade closed: stop reached
Went lower than expected. There's a new trade setup available, but I'm satisfied with the other trades for now.
This still has potential, so it's not one to ignore!
I had two entry options based on retracements. However, adding context, it made more sense to enter below 56c.
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