I had made a mistake in the previous chart and while i deleted the previous and published the new the price changed. My exact entry can be checked here in twitter
Got some interesting fills down there.
Let's see if this ihas plays out
Now that we are deep in green time to set a stop loss in profits and choose a target.
By now our SL is going to be at 6900
And also by now our take profit is going to be a 10500
And also this
So once (if) we breakout this trendline fomo will kick in
I still target 10.5k with the remaining of this long, and i consider it a safe target for now.
Mainstream media is calling bottom, JPM is comparing btc/eth/xrp to regular bank transfers... this is the perfect "return to normal" enviroment. But there are so many people in loss (new buyers since november) that i dont believe we can get rid of them without MOAR panic
Go, go, go Bitcoin!
Raising that stop loss in profits to 7900.
From 6000 to 10500 :)
We face a strong reversal zone above 10900 and up to 12700. not worth being long here.
It is everything about risk reward. here you dont have a clear stop nor a clear target, and it is a strong reversal zone. some indicators are already signaling overbought and we are up 80% from bottom.