Partial profits taken. Next target is the swing high around 0.00001619 (red box).
Will reinvest partial profits when CRYPTOCAP:PEPE breaks 200 MA and retests it. If price dips below the 200 MA i will buy more if that happens. If price smashes through 200 MA and keep going up without restesting the 200 MA - thats cool too ... I still have 75% of my initial...
CRYPTOCAP:BTC looks like it’s losing momentum with being overbought on stoch Rsi. My thesis is that price will drop to support around 58.5k, reset the stoch Rsi and then smash through 60k
Going long on CRYPTOCAP:BTC for various reasons
1. Trend series of HH and HL's in short term
2. Just made a new HH and now is having a retrace and sitting above 50 EMA
3. Stoch RSI starting to turn up from oversold
4. Liquidation map shows liquidity around 58.5 and 58
5. Hitting support and an an order block
Targetting resistance above around 59.7
