Last time, BTC was inside our large descending channel and forming two patterns. The next day, BTC pumped, following our trading plan and hitting our target (Link to the last post). So, what’s next after BTC reaches our target? I partially closed some positions at 68k, but our major target of 70k is still open. I’m letting my position run for now since I’ve secured both my capital and profit. I’m just waiting for BTC to hit all of our targets this month.
Currently, I’m looking at some altcoins to potentially go long on when BTC heads towards 70k again:
$FET
I’m looking to long FET around 1.290, with targets at 1.59, 1.972, and 2.52. My stop is set around 1.23.
$NEAR
EP: 4.625
TP: 5.958, 8.090, and 11.050
My stop is at 4.276.
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