Top 5 Weekly Trade Ideas #2 - Bitcoin Bull Flag Retest
I've been watching this bull flag for a long time now like I'm sure many have. We finally got the breakout recently before rejecting at ATH. Just had a near perfect retest and bounce so I think it's a great spot for long entries. I would expect more upside from here and an eventual ATH break that could lead to a move up to 100k.
For now I would just play this bounce back up near ATH. If it breaks ATH then I'd be looking for dips to buy, preferably on a retest.
For now I would just play this bounce back up near ATH. If it breaks ATH then I'd be looking for dips to buy, preferably on a retest.
Dagangan ditutup: sasaran tercapai
BTC now up over 7k since. Had a little pullback near ATH but exploded after breaking. This has a lot going for it right now. We have a cup and handle breakout on the weekly which is also part of a bull flag/handle breakout and near perfect retest. Now we have an ATH break. It's hard to pick targets with a setup like this but I think it's a good time to take some profit and begin looking for dips to buy.
You reap what you sow.
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Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
VIP Lifetime Access Program:
ko-fi.com/c/0cb5bf9514
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
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You reap what you sow.
VIP Lifetime Access Program:
ko-fi.com/c/0cb5bf9514
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
VIP Lifetime Access Program:
ko-fi.com/c/0cb5bf9514
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.