MASK is breaking out

١٧ مايو ٢٠٢٣

MASK has been bounced from the trendline support (starting from the beginning of 2023). 7

It is now breaking the local trendline and would speed up if BTC would bounces from the CME gap ($26500).

A referenced set-up is in chart with SL (red line) and final TP (blue line). Fibonacci levels would be used as intermediate TPs.

٢٢ مايو ٢٠٢٣

ملاحظة

MASK has increased 20% since entry. TP1 was also hit.
Next move will depend much on BTC

٢٨ مايو ٢٠٢٣

ملاحظة

MASK was rejected by the resistance Fib 0.5. Now it is bouncing from the trendline.

٢٩ مايو ٢٠٢٣

ملاحظة

MASK was 16% up and TP1 was hit again.

The new local trendline was broken. It can consolidate around this level waiting for BTC to break the falling wedge (see the latest update of my post "BTC possible distribution phase")

٣١ مايو ٢٠٢٣

تم إغلاق الصفقة يدويًا

Wait for a potential short set-up