FiboWhale

BTCUSD - Later longs got stopped, ready to move up or not ?

BYBIT:BTCUSD   None
! Not financial advice but someone sharing his trading diary! - Make your own plans and you will do fine in the long run.

BTC Stopped late longs and reached key levels (upper 56K). I still believe that there is more room for bull pain and mid 54 K is my target.... But I don't trade my belief, so if the price reclaim daily open and makes a new local high, Long until the next SR Flip.

The best risk reward for now is a Short at the rejection from daily open or local 618. Aiming daily levels below.

Trading level by level and Risking 1% of the account

#btc # bitcoin #technicalanalysis #chart # trading #idea

Penafian

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