long idea fro BTC from monthly chart
we have MONTHLY 9 EMA at 38K level if 41.5 to 42K level break this could be next possible entry we have some pivot lines also from january february so its good entry
monthly EMA is definitely worth noting if I draw fib from opening and closing of bodies not wicks then 23 fib line is also in this area so place multiple orders around this area 38.5 38 37.5 SL 35.9 low leverage or spot anything can happen if break down 42K level but it can be quick wick to destroy all longers from 42K so absolutely possible scenario
at 36.5 we have fib line weekly drwan from wicks to wicks should be solid also can try entry from there also 36.5 SL 35.5 targets well you know just ATH and more or we entering bear market
monthly EMA is definitely worth noting if I draw fib from opening and closing of bodies not wicks then 23 fib line is also in this area so place multiple orders around this area 38.5 38 37.5 SL 35.9 low leverage or spot anything can happen if break down 42K level but it can be quick wick to destroy all longers from 42K so absolutely possible scenario
at 36.5 we have fib line weekly drwan from wicks to wicks should be solid also can try entry from there also 36.5 SL 35.5 targets well you know just ATH and more or we entering bear market
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