I needed to open a second idea since the current one has hit all its targets. This coin, in particular, has been fun to trade, but I’m anticipating a range to form within the mid-level retracement.
If
BTC retraces to 60k, I’ll be cautious about how low it might dip. Keep in mind, this one still has potential; we’re just capitalizing on the initial impulse for now.
OnceBTC breaks above the current level of 64k (if it does), things will become much more profitable. There’s still a temptation to short at these levels, as it has repeatedly failed to break above. For now, I remain bullish on the market, as most of my posts have been on the long side. However, if the market flips and 60k doesn’t hold, we may have to shift to the dark side and short until BTC reaches the first target at 44k.
For now, we continue to bid on dips.
If
BTC retraces to 60k, I’ll be cautious about how low it might dip. Keep in mind, this one still has potential; we’re just capitalizing on the initial impulse for now.Once
BTC breaks above the current level of 64k (if it does), things will become much more profitable. There’s still a temptation to short at these levels, as it has repeatedly failed to break above. For now, I remain bullish on the market, as most of my posts have been on the long side. However, if the market flips and 60k doesn’t hold, we may have to shift to the dark side and short until BTC reaches the first target at 44k.For now, we continue to bid on dips.
Note
You have two options here, given the bullish trend on the weekly chart...we can't expect to hit a retracement level for an optimal entry.What we want to see is prices holding above 0.00015, which will trigger an entry for a continuation. This will be the base scenario on timeframes lower than daily.
If
BTC retraces into the 60k range next week, I want to see if this retracement brings the price down to 0.000122.Shorting is not an option for me unless it breaks below 0.000194 with a strong rejection.
Let's just wait for now on $ANDY
Trade active
First order filled. $ANDYTrade active
Last fills. I'll manually close this one. The price keeps fluctuating around these levels, so using a stop loss would be risky, and it just doesn't have enough liquidity.
Easy recipe to get wicked out
Trade active
ANDYYYYYYYYYYYY, I’m feeling those 
PEPE vibes! Are we about to supermoon from here? 🚀I love this reaction! Once we hit a new high, things are going to get really exciting. For now, let’s plan to take profits at the previous high—or just below it, depending on how it plays out.
Let’s goooooo!
Trade active
Need to reclaim this level and we move higher. Patience. Once it does is an easy higher high
Trade active
Just one more push, and we’re almost there. If Bitcoin can hold above $62K this week, we could see some exciting movement ahead.Trade closed manually
I'm closing this one out at break even.It failed to reclaim the red line I was hoping for, and since Bitcoin continues to show weakness, I’d prefer to see how this one reacts.
I’ll look to buy lower or on a reclaim.
Note
Monthly still acting as strong support. Waiting on a reclaim of red line for a trigger. Maybe I just have weak hands... we will see.
Trade active
Had the retest. Should have sticked to the previous plan since the entry was still valid.
Note
The only one moving as we speak. The market is a bit undecided with Bitcoin at the previous weekly block. This one might reach an all-time high after this.Note
Will create a new post. This is too messy already. Helding onto this one for now as the daily still fine
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.