$BTC Still a classic choppy “monkey market” 🐒
After taking partial profit on yesterday’s short, the price returned to around my entry price, and I was stopped out at breakeven.
--- A higher low has formed. I’m still holding out hope for a move higher, with particular attention on 83100 as the potential end of the rally.
--- If we can’t make a higher high tonight and break below 83100, I’ll look to 80300 and wait for another opportunity to go long near the lows.
--- For my next short, I think I could try an entry around 85100. If price reclaims this level, momentum will be strong, so be sure to use a stop loss.
After taking partial profit on yesterday’s short, the price returned to around my entry price, and I was stopped out at breakeven.
--- A higher low has formed. I’m still holding out hope for a move higher, with particular attention on 83100 as the potential end of the rally.
--- If we can’t make a higher high tonight and break below 83100, I’ll look to 80300 and wait for another opportunity to go long near the lows.
--- For my next short, I think I could try an entry around 85100. If price reclaims this level, momentum will be strong, so be sure to use a stop loss.