Bitcoin (BTC) – My targets stay the same, waiting daily for BINANCE: BTCUSDT By Jamoooo
For now, I remain seated and await confirmation of price movements on longer timeframes.
I still see the 54k range as a key area of interest and still think of this as a likely relief rally, but will consider adding a cautious position size around the 60k range if we hold this level for the daily close. I wouldn’t be surprised to see wicks drop into the upper 50,000 range after the daily close, we will be looking at those for buy setups.
I have already been stopped twice at this level (all very modest position sizes, looking for reversals), I have a 3 times rule – if I am stopped at this level again, I will sit down and wait for the price to evolve.
If we lose the 6000-59500 level on a daily basis, I will also be seated for now. Looking for a top 54k for opportunities to increase position size if we revisit.down in revisiting it to 58k, and watching that price move from there. While keeping an eye on
(Note that the trading view has been doing something fun with my price channels lately, compensating when I post but correcting later – ignore this ATH price peak)if he does not go to