This is what I see as a very possible scenario #btclongtermbul

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Hey everyone,

Here is my refreshed Daily view on BITCOIN.
More Controversial traders won´t agree with me as I guess majority of you is bearish because of RUSSIAN-UKRAINE situation, but chart looks bullish for me and that is what matters personally 4 me if I ignore emotions which are bad for trading proper technical analysis balanced and correct R:R trading setups then it screams buy on me.

As breakout with retest played out for me I see this situation like a very solid long position setup with a very nice R:R which could bring in next 2-4months up to 150-210% gains with 3x leverage

Breakout with retest "zoomed" in

another reason why I see this bullish is that we are forming higher lows since Januray


#btclongtermbul

ChaChain
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Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.

KEYWORDS
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ملاحظة

Well since I opened long position at 37K some time have passed and It seems we are hitting local resistance. S&P 500 forms bearish divergence on hourly so it could drag crypto down too and both markets can be in correction but there are always different possibilities so keep it in mind and be responsible

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ملاحظة

Since the reject it seems we found the bottom in previous support zones