Long

$BTC Short Term Play

Updated

This is my idea about short term, please be cautious as we approach the halving date.
I didn't enter in this trade, this is just an idea.
* This is not FA and please DYOR.

Note

is playing exactly as expected, touched the 50k$ levels then bounced from there, we will head into the 0.618 level around 68K$ then a small retrace before the fully send.

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Note

if following the pattern, next stop will be around 62k$.
Let's see.

Note

is still in play, we are holding our position.

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is still in play, I'm waiting for a breakout before everything goes parabolic.

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is following the chart perfectly, we might fond some resistance at the 0.68 FIB level.

Trade active

Note

is approaching a critical level at daily frame.

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