BTC as predicted made a move out of 42000USD channel in january 11 I said prepare for long although it didnt retest nicely if you just bought for spot holding you would be in some nice juicy profit now although its nothing special so far. Ideall now it could come back to 42600 level sharply but maybe thats is too much to ask it would be too easy right? OK if that doesnt happen we wait for break above 45000 hold for 4H or more go to at least 46000 then come back to 45000 area here we have nice support and not so nic trendline with 2 touching point nice in my taste is at least 3 touching point without any break in between so its obvious to everyone
Some other traders say at 44000 we have trendline well there are some breeaks for such trendline and its not perfect
at 44000 we have fib line from weeklu chart from 2020 march low to ATH this more solid indicator
but only fib line is not tradeable so 45000 area with retest would be much better for sure there is obvious resistance now which would become support if broken now
and also trendline with 2 touching points
So plan of action price must go above 46000 or more stay 4H or more come back fast to 45000 area fast is in few hours like 2 to 3H I dont want to see this price come to 45300 sit there for days and we still wait for 45000 limit order no then it become too risky
so you can place one alert at 46000 and when it rings then next alert at 45000 or when price is 46000 just put limit order with expiration time 3to 5H
this ideal trade you can deviate little but then its not so ideal anymore there will be other coins other times when always will be nice setups
Cheers and good luck
again nothing is 100% but its better probabaility as playing roulette :) so if you planned to put down 1500usd in roulete or other casino save it for such trade buy one whole BTC in futures put SL 43500 take profit 66000 risk to reward is very nice risking 1500 you can make 22500 ha nice
of course if trade would go up it would be wise idea to close some parts of trade during runup but if you are hodler keep to 66000 or even 99000:) anyway if plan will be executed I will update further for TP levels
as I told already
news seems ok nothing very bad now
kazakhstan internet and mining probklem should be resoolved they cant stay without internet forever
onchain data suggest big outflow
so odds are strongly in favour for bull run
Some other traders say at 44000 we have trendline well there are some breeaks for such trendline and its not perfect
at 44000 we have fib line from weeklu chart from 2020 march low to ATH this more solid indicator
but only fib line is not tradeable so 45000 area with retest would be much better for sure there is obvious resistance now which would become support if broken now
and also trendline with 2 touching points
So plan of action price must go above 46000 or more stay 4H or more come back fast to 45000 area fast is in few hours like 2 to 3H I dont want to see this price come to 45300 sit there for days and we still wait for 45000 limit order no then it become too risky
so you can place one alert at 46000 and when it rings then next alert at 45000 or when price is 46000 just put limit order with expiration time 3to 5H
this ideal trade you can deviate little but then its not so ideal anymore there will be other coins other times when always will be nice setups
Cheers and good luck
again nothing is 100% but its better probabaility as playing roulette :) so if you planned to put down 1500usd in roulete or other casino save it for such trade buy one whole BTC in futures put SL 43500 take profit 66000 risk to reward is very nice risking 1500 you can make 22500 ha nice
of course if trade would go up it would be wise idea to close some parts of trade during runup but if you are hodler keep to 66000 or even 99000:) anyway if plan will be executed I will update further for TP levels
as I told already
news seems ok nothing very bad now
kazakhstan internet and mining probklem should be resoolved they cant stay without internet forever
onchain data suggest big outflow
so odds are strongly in favour for bull run