BTC - 36K then ATH?

١١ ديسمبر ٢٠٢٣

I'm now following the 20% "rules" BTC was doing past years (red circles) and will refill a lot each time BTC drop 20%, ~36K for this one, around 0.786 fib

Arrows are not related with time

Cheers

١٧ ديسمبر ٢٠٢٣

ملاحظة

BTC now under 100 MA on the 4H, a support that has been tested a lot of times since 1 month
It can manage to go back above today or tomorrow but after that chances to see 38K will be a lot more higher

١٧ ديسمبر ٢٠٢٣

ملاحظة

Pushed back to 100 & 200 MA 1H at 42k4 and made a nice rejection,
we are now at 100 MA 4H 42K

٣ يناير ٢٠٢٤

ملاحظة

Was about to lose hope to pick solid entry.

target is still 36-38K

٧ يناير ٢٠٢٤

ملاحظة

MACD 100 will very likely cross MACD 200 on the 4H this week, so I still think another big dump is coming.

٨ يناير ٢٠٢٤

أغلقت الصفقة: تم الوصول لوقف الخسارة

١٩ يناير ٢٠٢٤

ملاحظة

I labelled the idea with "stop reached" but its actually still in play,

with the new high 49120, 20% is at 39280, its around 100 MA on the daily timeframe

I will start to refill there

if this one breaks, watch out for 35500 and 33300

٢٤ يناير ٢٠٢٤

ملاحظة

-20% hit, from here and following this idea we might go up to ATH and new highs ?