#Bitcoin Long term Plan! - updated entries
this is an update for the previously posted plan
my thinking was that we will retrace however we have already broken out & weekly candle has been closed successfully above the resistance trendline.
so based on triangle breakout I will try to average down my entry for the long term, remember this is not for leverage trade (though you can just use 2-5x leverage & have post only clicked that way you won't pay a ton of fees if you held the position till 2022)
there is also another possibility on Log chart as posted here of possible ascending triangle -
so if you are still not sure this is not a fakeout you can wait for a BODY CLOSE (Not wick full candle close) above 13800$
My entries -
10500 - 25%
10250 - 25%
10000 - 25%
9750 - 25%
Stop - I will exit the trade if we have 3D candle close below 9500 (not putting stop currently because of scam wicks)
you can track the triangle here on 3D chart -
#notfinancialadvisor
#DoYourOwnResearch
my thinking was that we will retrace however we have already broken out & weekly candle has been closed successfully above the resistance trendline.
so based on triangle breakout I will try to average down my entry for the long term, remember this is not for leverage trade (though you can just use 2-5x leverage & have post only clicked that way you won't pay a ton of fees if you held the position till 2022)
there is also another possibility on Log chart as posted here of possible ascending triangle -
so if you are still not sure this is not a fakeout you can wait for a BODY CLOSE (Not wick full candle close) above 13800$
My entries -
10500 - 25%
10250 - 25%
10000 - 25%
9750 - 25%
Stop - I will exit the trade if we have 3D candle close below 9500 (not putting stop currently because of scam wicks)
you can track the triangle here on 3D chart -
#notfinancialadvisor
#DoYourOwnResearch
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