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$ETH After yesterday’s news-induced pullback, I’m opening my long position here with 20% of my deposit. As before, a 3D candle closing below $1,700 will invalidate my scenario. I plan to take 50% profit at $3,400, where the downward impulse started, and fully exit at $4,000 at the resistance level.
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$BTC Taking into account the latest news, in the event of continued price pumping, I’m opening a position here with a size of 50% of my deposit. I plan to add more if we see a drop toward the support level and a positive reaction. I will close my position if a 3D candle closes below the 88,000 USD support level. I plan to take partial profit (50%) at the previous ATH of 110,000 USD and fully close my position in anticipation of a new ATH at 120,000 USD.
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$BTC plan B. In case we don’t see a drop to the previously identified levels, here’s my next plan: Based on the idea that this was a correction/market error/liquidation of weak hands and that we will continue to rise from here in a V-shaped recovery, if we hold these price levels without a significant dip, I’ll open a long position of 50% of my deposit once the price closes a 3D candle above $85,000. I’ll consider myself mistaken if we continue to decline and a 1D candle closes below $81,000. My profit-taking targets remain the same: at $102,000 (taking 50% profit) and $120,000 in anticipation of a new ATH. I’ll also move the position to breakeven when the price reaches $96,000.
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$ETH Observing this cluster of downward-facing candles, unfortunately, I don’t anticipate any scenario other than another downward impulse. Therefore, I’m not expecting a reversal from this point and am placing a buy limit order at $2,000 with a position size of 30% of my deposit. If we fail to hold the support zone, it will indicate that I was mistaken, so a 3D candle closing below $1,700 would invalidate my scenario. I plan to take profit at the $3,400 level, which is where the downward impulse began.
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$BTC We’re seeing the Bart pattern forming, and it may already be complete. In search of a bottom, I’m placing my limit orders at the $80,000 level (to retest the wick), with a position size of 30% of my deposit. For DCA, I’m also adding another buy limit order with a position size of 40% of my deposit at $76,000 in the consolidation zone before the impulse—this is a potential price reversal zone for me. If the uptrend continues, we shouldn’t lose support; therefore, for me, the invalidation of this scenario would be a 3D candle closing below $69,000. My target is the resistance level at $102,000 to take 50% profit, and the overall goal is a new ATH at $120,000. Let’s see!
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