BTC - Long Trade Idea
BTC looks prime to continue up to take out the plethora of BSL above it's ATH after recently trading into a 3-month BISI.
On the lower timeframes, my POI for an entry with the current candles is the 2-day iFVG. On the hourly timeframe, the 4-hour gap within that POI would be interesting to monitor.
My stop is below a reasonable swing point that should not be traded into unless a large liquidation is on the cards, but the bodies should respect that I have outlined.
My first target is ATH, after that it is completely discretionary as there is nothing on the left side of the chart. For prediction's sake, I am anticipating 100k to be the next milestone for Bitcoin.
- R2F
On the lower timeframes, my POI for an entry with the current candles is the 2-day iFVG. On the hourly timeframe, the 4-hour gap within that POI would be interesting to monitor.
My stop is below a reasonable swing point that should not be traded into unless a large liquidation is on the cards, but the bodies should respect that I have outlined.
My first target is ATH, after that it is completely discretionary as there is nothing on the left side of the chart. For prediction's sake, I am anticipating 100k to be the next milestone for Bitcoin.
- R2F
R2F
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