Chart Idea - BTC Swing Long from 52K

Par smwajeeh
Mis à jour
I am even bullish from here. However, there is a scenario in which I see BTC make another leg down to 52K level which is a 0.618 fib level and full flag's diagonal support as well. Target should be 100K.

Trade Setup

Entry: 52K
TP: 100K
SL: 48K
RR: 12:1

To The Moooooonnn !!
Commentaire
It reversed from 53K zone on the fundamental news last weekend. Didn't come to our entry point of 52K. Upward momentum would continue if 2 daily candles close above 64K. Otherwise, we can see another leg down.
Commentaire
This trade is a gem. We just need monthly above ATH and we are off the races and bears will keep waiting for below 50K BTC LOL
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