Bitcoin / TetherUSUpdated BTC Market (My Interpretation)
Need to maintain the White trend line to continue bullish bias
A breakdown back into range is considered bearish for me, If Trendline is maintained I will build a position with a Bullish bias
- Currently we are at a very crucial moment as we are finally retesting the Range high as well as testing the White trendline
This is a Long term idea and will most likely be played out throughout the next 3 months
A breakdown back into range is considered bearish for me, If Trendline is maintained I will build a position with a Bullish bias
- Currently we are at a very crucial moment as we are finally retesting the Range high as well as testing the White trendline
This is a Long term idea and will most likely be played out throughout the next 3 months
Note
Test of previous range high with what looks like a successful bounce I had my buy limits at ($41650) on the trendlineCurrently watching to see price reaction to blue trend line
Bullish bias is ongoing
Bearish bias would be a breakdown of the white trendline as before
Note
Test Trendline againNote
Bids FilledNote
Filled bids added on the range high retest again got back above trendline took about 35% profit
to add to my long I'm waiting for the blue trend line retest
Note
Small Update (Have been very busy with other things)4th October
Perfect blue line retest (Mid breakout Trend) added to Long
Took 35% off at blue trend(Mid Top Trend)
6th October
Was looking for a retest to add again on (Mid Top Trend)
Got the retest added to Long ( Now targeting 58k )
Trade is basically complete
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