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Bitcoin
Long

BTC Buy and Forget

By A1phaBoss
Updated
Present Are:

  • -Engulfing Increasing Buying Volume
    -Bullish Hammer Candles (Daily)
    -TD Sequential Bullish 9s
    -Bounce Off of Green Support/Resistance zone
    -Most importantly, a Near Perfect .786 Fib Retrace!

    Stop Loss= 7950
    Target 1 = 9350 (Monthly Pivot + S/R Zone)
    Target 2 = 11100(Fib Extensions+ S/R Zone)
    If Both Targets Met, Reassess.
Trade closed: stop reached
STOP REACHED @7950 -5.2% LOSS
BTC is forming yet another triangle here, waiting for a clear breakout for another entry.
FibonacciTrend AnalysisVolume
A1phaBoss

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