SWEPT GOLDEN POCKET, BULL DIV ON 4H, BREAKOUT TOWARD 32K
Updated
I am long on this sweep that formed a 4H bull div, and pixel tapped the golden pocket.
Would like to shave a bit of profit at my 30.5k level, reload some more on one of the higher lows, then hold the position to 32k and possibly reduce, then add again on a higher low before we rip above 32k.
If my strategy here fails the next level I will be watching to go long is the 228,750 level and the 228,250 level.
One thing for certain, is once we're trending to break that 32k level, I really want to be long as it looks like all air until 37k.
Would like to shave a bit of profit at my 30.5k level, reload some more on one of the higher lows, then hold the position to 32k and possibly reduce, then add again on a higher low before we rip above 32k.
If my strategy here fails the next level I will be watching to go long is the 228,750 level and the 228,250 level.
One thing for certain, is once we're trending to break that 32k level, I really want to be long as it looks like all air until 37k.
Note
Initial bull div failed so continuing plan to enter at 28750 and 28250, orders hit and now wait, will try to get out at 30-30.5k and continue the plan to reload to 32 and then trade the breakout above 32. Could easily be invalidated though and get stopped out as its pretty heavy. debt ceiling debacle hurting and trad markets hurting. though the sell off pressure on BTC seems to be easing off, dont know how much more we can sell..
also taking note of total 1-3 MCAPs with bullish retests.
Trade closed: stop reached
Stopped out on both trades/plans
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