Bitcoin: First Buy Signal 1H
Updated
The ISPD indicator signals a first buy zone, and BB/RSI_DIV likewise.
I have repurchased 70% of my positions sold in spot around 71,000 and 69,000.
I have not yet opened a new position, waiting for the hash ribbons to turn blue before doing so. The hash ribbons signal suggests we need to liquidate the market and eliminate the weakest miners. Let's go for it.
I'm going to update this hash ribbons idea quickly:https://www.tradingview.com/chart/BTCUSDT/L0bIwGKH-Monitoring-a-New-Hash-Ribbons-Signal/
I will act more aggressively at lower levels with confirmations on higher time frames.
Target Zones:
-First Target: $68000 - $68500
-Second Target: $74000 (Profit-taking zone)
Trade Carefully!
I have repurchased 70% of my positions sold in spot around 71,000 and 69,000.
I have not yet opened a new position, waiting for the hash ribbons to turn blue before doing so. The hash ribbons signal suggests we need to liquidate the market and eliminate the weakest miners. Let's go for it.
I'm going to update this hash ribbons idea quickly:https://www.tradingview.com/chart/BTCUSDT/L0bIwGKH-Monitoring-a-New-Hash-Ribbons-Signal/
I will act more aggressively at lower levels with confirmations on higher time frames.
Target Zones:
-First Target: $68000 - $68500
-Second Target: $74000 (Profit-taking zone)
Trade Carefully!
Trade active
First TP done 50% of my spot position at 69200$Trade active
I'm looking for an entry point to buy back the 50% of my position sold at 69kUSD. Maybe around $58,000.Trade closed: target reached
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