LONG - BTC - Target 11,800 and more
After finally breaking the big resistance of 10500, BTC it’s on the way to 11,800.
But first, that level needs to be retested so we can confirm that trend is up, I’ve seen a couple of indicators that say Btc will go down to 10500 and then heading to 11k’s. My plan is to long with 3 different layers that will get me an avg entry of 10578 with a stop loss at 10299 which I think makes it a nice r/r trade.
Layers: 10692 / 10592 / 10452
Avg Entry: 10578
SL: 10299
Targets: 11769 / 12559 / 13272 / 13873
* Not financial advice *
But first, that level needs to be retested so we can confirm that trend is up, I’ve seen a couple of indicators that say Btc will go down to 10500 and then heading to 11k’s. My plan is to long with 3 different layers that will get me an avg entry of 10578 with a stop loss at 10299 which I think makes it a nice r/r trade.
Layers: 10692 / 10592 / 10452
Avg Entry: 10578
SL: 10299
Targets: 11769 / 12559 / 13272 / 13873
* Not financial advice *
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