Support was respected and price is just below the weekly open.
The safe play would be to wait for a retracement to go long (dashed arroew) but the risk is that price never gives you the fill.
More risky would be to buy now and take some possible heat if price does retrace or reverse completely.
Stop at 5400 Satoshis
Take first profit at 9400 Satoshis and keep some of the position on.
The safe play would be to wait for a retracement to go long (dashed arroew) but the risk is that price never gives you the fill.
More risky would be to buy now and take some possible heat if price does retrace or reverse completely.
Stop at 5400 Satoshis
Take first profit at 9400 Satoshis and keep some of the position on.
IF you are long it would be a good place to take some off here. I think it has more to go.