Bitcoin: A Short Term Pop?

2022年3月9日

Bitcoin and most major markets have been trending downward for several months, and we may be seeing some signs of a reversal. Ascending triangle pattern on the 4H time frame we may see a quick pump up to my daily levels at approx $58k.

Will we be able to sustain this rally or is there still more pain left?

Only time will tell...

Namaste!

2022年3月14日

取消訂單

2022年3月15日

交易進行

I had to really think about this trade and wether or not the risk reward is worth it. Seems like the upwards trend line is being respected. I am still on the edge about going long on BTC with everything going, but I will start out with a small position with the S&P recovery today, we may finally start to see some good momentum and good news moving forward.

If we break below $38k, I will likely look for some divergence to buy the dip and hopefully this correction is over!

2022年3月18日

註釋

Trend lines nicely respected.