$BTC Head and Shoulders

2023年10月16日

BTC setup through end of 2023.

Assuming another fake beyond the 200 week, this is setting up a classic head and shoulders w/ a baseline of $25,177.

I've included several levels of potential support upon a break down.

Each constitute a reasonable range to DCA.

So here is my plan...

I don't want to trade this current setup. I had two shorts that locked for moderate profits (one stopped out below entry.)

I will shoot for some shorts upon a breakdown (w/ tight stops of course in case of a bear trap). But I believe macro favors big downside.

Each level I've noted is a take profit for these trades and a spot to buy more OTC BTC.