Resume Bullrun 🐂 Historic Support 🟢 TP1 ✅ Go for TP2 🤔
"History never repeats and always rhymes."
- A TradingView trader whose name I forgot
It's an extension of my previous idea.
I hold my opinion on everything there and add a new viewpoint with this idea.
◀️ KEY POINTS:
- Opportunity To Break All Bearish Channels At Once & Resume Bullrun (= Open New Bullish Channel)
- Bears Are Vulnerable
-- Saturday Bear Trap Was Successful
-- Bears Are Tired: Multiple Bullish Divergences On RSI
- Bulls Are Powerful
-- Bulls Are Still Energetic: Higher Highs on RSI
-- Historic Invincible Support Hit
-- Smart Money Bought The Dip
-- Psychologically Tempting Target: 40k
-- Funding Rate Favors Longs
-- Excellent RRR: 400%
-- Every Time In History When BTC Hit This Support Then Hit 40k Within A Week
-- Next Week Will Be Green
--- Starts From Today
🌌 OUR SIDE:
POSITION: Long
LEVERAGE: x10
ENTRY: $32 000
STOP LOSS: Daily close below $29 900 and staying there for six hours
TARGET: $40 000
$33 000 - $34 000 TP1 ✅
We Hold Our Position & Go For TP2: $40 000 - $42 000