Entering some at current market price expecting for a breakout and retest then targeting range high. Weekly looks prime for a trend reversal.
Please see chart for TP and SL. Breaking out from an Inverse head and shoulder pattern here. Simple pattern
LINK Entry: 11-10.5 TP: 11.4- 11.8- 12.0 - 12.2 SL: 10.35 I'm bullish on LINK monthly chart being in the golden ratio zone, its great to accumulate some here in spot and TP at 30-40% in 1-2 months but here's a setup for short term scalpers. Despite being a bit bearish on BTC, remember to stick to your SL
Here's an idea nobody are talking about but it is one that is to be considered. If BTC were to follow these 2 trendline, i'll be wanting to accumulate in the golden ratio zone 28-30K before the real bounce up to 85K++. I hope this opportunity do come which flushes out short term investors and invites new long term investors to come in at 30K. Timeline for this...
Looking to accumulate Kaspa for my mid-long term bag. Weekly chart looks good and kept forming a higher high with higher low. Fundamentals wise it’s a great project as well. Mining emission for Kaspa decreases monthly compared to BTC every 4 years. Bullish on this project.
I am entering based on these rationales: 1) US Market are closed on the weekends (Today's dump was due to NASDAQ tech dump) 2) I'm expecting BTC to bounce from here with the 4hr candle forming a wick 3) Good R:R at current position Entry : CMP 124.60 - 120 Target : 126-128-130-132-134 StopLoss: 118