Update from my last published idea.
My target of ~$26,000 hit and I exited half of my long there. As this is new ATH territory for $BTC there is no chart history to find the next resistance. That being said, I'm utilizing the Fibonacci extension from my 1W chart on a previously published idea and psychological resistance levels for my next targets.
$30,000 is the obvious resistance.
If there is a back test of $26,000 and a failed attempt at support I will exit the rest of my position. Otherwise, I will hold until $30,000 is hit and reevaluate.
My target of ~$26,000 hit and I exited half of my long there. As this is new ATH territory for $BTC there is no chart history to find the next resistance. That being said, I'm utilizing the Fibonacci extension from my 1W chart on a previously published idea and psychological resistance levels for my next targets.
$30,000 is the obvious resistance.
If there is a back test of $26,000 and a failed attempt at support I will exit the rest of my position. Otherwise, I will hold until $30,000 is hit and reevaluate.
