Im currently still in my Long Position from our original break out price of just above 61K. Taking some chips off of the table on hitting our previous price targets as mentioned in the previous ideas and adding more upon the reversion to the mean at around $62,500
what were looking for now is:
Support above the neckline of our W Break.
confirmation, this is very important providing that we do not get the we have further potential to see downwards price action.
Price target one and two are in pink.
Of course we always have the possibility to see another slide towards the downside before we move significantly up and vice a versa so we'll be be watching closely!
What's your thoughts and do you agree or disagree with the targets I have in mind for the short term. let me know in the comments!
Not financial advice, just sharing my thoughts.