DCA x1: Fibonacci 0.5
DCA x2: Fibonacci 0.618 ~ Bottom of a long low tail between 0.618~0.886
Stop loss: When the 3-2 impulse is broken (-0.86%)
Target price: $72,000
Reward/Risk: 6.92/1
It is probably the send lowest price point to enter a highly leveraged BTC long in the 1st half of 2024, following the low of the previous 3-2 move.
DCA x2: Fibonacci 0.618 ~ Bottom of a long low tail between 0.618~0.886
Stop loss: When the 3-2 impulse is broken (-0.86%)
Target price: $72,000
Reward/Risk: 6.92/1
It is probably the send lowest price point to enter a highly leveraged BTC long in the 1st half of 2024, following the low of the previous 3-2 move.
