BTC have had a strong 15% rally at this point to close above 61k -> likely breather
Two options:
1- BTC ranges and FTT reclaim $58 range and close a 4h candle
LONG at $58, Target 1 at range, Target 2 at $72 dollars and target $82 and New all time highs
Invalidation at if stopped and get back above $57 then LONG again
2- Long range lows: Triangle...
BTC have had a strong 15% rally at this point to close above 61k -> likely breather
Two options:
1- BTC ranges and FTT reclaim $58 range and close a 4h candle
LONG at $58, Target 1 at range, Target 2 at $72 dollars and target $82 and New all time highs
Invalidation at if stopped and get back above $57 then LONG again
2- Long range lows: Triangle...
Longed at $135 (because of the breakout from the descending triangle structure)
Moving stop loss to breakeven
Pulled back from resistance at $163, retesting mid level at 155. Waiting for a breakout of 163 to add to position (scenario 1 and 2)
Will add more if pulls back and reclaims (scenario 3)
Again depends on BTC and S&P on Monday
Triangle with resistance at $67.
Longed at $68.7 with a risk reward of 3.8 and a stop loss of -11% below the lowest low of the structure (break in market structure).
Possible scenarios: breakout to the upside from here (weekend) to target $74 (previous SR) either reaction before or after breakout with a retest
breakout to the downside if BTC corrects on Monday:...
