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BitBull - EZ Long Setup

تم تحديثه
If this setup busts:

a) I'd be sort of surprised
b) Props to the trap-setters
c) Would be a sign of extreme weakness

Probability and basic charting suggests that a long position from ~32k - 50k is as good as gold.

-BitPigBull

BITBAY:BTCUSD
BITPANDAPRO:BTCEUR
BITBAY:BTCUSDT
ملاحظة
Potential Alternate Entry. Same concept, trade is still good, etc.

لقطة
ملاحظة
FYI, chainlink is entering three of three, if youre bored waiting for BTC..
تم فتح الصفقة
1/2 pos in
تم فتح الصفقة
Up fractal (5-min) at 7:00 am ET is a pretty solid trend reversal confirm.

Since I cant trade for the next hour, my full pos in even if theres one more dip.

Also long chainlink. good luck bulls.
تم فتح الصفقة
im gonna guess that if theres to be a BTC eruption, it will start 2:05 pm - on the crypto dot.

Henceforth, I took my Chainlink profits/entire position and converted all into BTC.

Will likely get back into LINK if it makes new ATH, since I still see further melt-up in the near future. BTC is just more definitive and this is a decent spot to add, I do believe.

Should be fun after 2 pm, will be thrilled if it starts before then.
تم فتح الصفقة
Careful here. Should be ok, but this taking much longer than it should.
تم فتح الصفقة
Held and added. Long until 49500.
تم فتح الصفقة
Last note/update til I either exit prematurely or exit at the target:

33k is likely gonna see another test. If BTC falls below the recent low of ~30900, id probably just exit entirely. Not worth the risk at those levels, plus if its a fakeout, youll be able to know pretty quickly for re-entry.
تم إغلاق الصفقة يدويًا
Im out for now.

Dow just made a lower low for the first time since 1955.

Now, if the stock market sells off hard this week, then Id like to see if people run to Bitcoin or Gold before I hold either. Just based on technicals and relative value, my best guess is gold.

Either case, I cannot in good conscience support a crypto melt-up after seeing the Dow technical breakdown just now.

GL.
Elliott WaveFibonaccilongbtcPivot Points

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