UnknownUnicorn14930146

Bitcoin 9.28% Long Opportunity

Long
BYBIT:BTCUSDT.P   BTCUSDT Perpetual Contract
>The daily chart revealed the presence of Demand and Supply zones, as depicted in the image.

>I verified my analysis by utilizing the Search Volume Profile for a fixed range, which confirmed that a particular level aligned with my identified supply zone.

>Furthermore, I found that this supply zone coincided with the 61% golden ratio zone of the Fibonacci sequence.

cheers!
Comment:
As soon as the price reaches a 1:1 ratio, I plan to initiate profit booking.
Comment:
At the 1:1 ratio, I will also set my trade to break even.
Comment:
27401 is first target guys
Comment:
Here are the updated trade targets while I sleep:

First target: 27,906.9
Second target: 28,236
Comment:
waiting for 2 days candle to close below this level
Trade closed manually:
this may take a jump but i will wait for my entry signal and until then i am closing this one in loss !
Comment:
Re-entering long in spot, unless targets are hit or two days candle closes below blue level.
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