📌 BTC - View 13/5 before PPI
The CPI news release last night was just a formality to legitimize the drop from yesterday afternoon, and the further decline wasn’t too intense last night as the price only dipped to 79k8, which was a resistance zone (I mentioned this plan on the livestream since yesterday before the drop from 81k).
Today, with the 1D candlestick closing still favoring LONG and the 2D-1W frames also supporting it, going LONG right now remains a good opportunity for BTC if you managed to enter LONG last night according to M30 or early this morning according to H1. This morning, I entered LONG based on H1 with an entry at 80k6.
📈 Current Strategy:
If anyone is currently LONG, the target is to reach the zones of 81k6 - 82k - 82k5 - 83k (whichever zone reacts and shows signs of exhaustion, I will take profit and look to SHORT immediately before any news drops, just like yesterday afternoon when I also had a SHORT position around 81k).
I still prioritize managing capital at 1% regardless of the direction, folks.
Wishing everyone an effective day at work 💰🔥!
This afternoon, I’ll be live at 15:00 and tonight at 20:00. If you haven’t joined my group chat yet, check the pinned post at the top.
The CPI news release last night was just a formality to legitimize the drop from yesterday afternoon, and the further decline wasn’t too intense last night as the price only dipped to 79k8, which was a resistance zone (I mentioned this plan on the livestream since yesterday before the drop from 81k).
Today, with the 1D candlestick closing still favoring LONG and the 2D-1W frames also supporting it, going LONG right now remains a good opportunity for BTC if you managed to enter LONG last night according to M30 or early this morning according to H1. This morning, I entered LONG based on H1 with an entry at 80k6.
📈 Current Strategy:
If anyone is currently LONG, the target is to reach the zones of 81k6 - 82k - 82k5 - 83k (whichever zone reacts and shows signs of exhaustion, I will take profit and look to SHORT immediately before any news drops, just like yesterday afternoon when I also had a SHORT position around 81k).
I still prioritize managing capital at 1% regardless of the direction, folks.
Wishing everyone an effective day at work 💰🔥!
This afternoon, I’ll be live at 15:00 and tonight at 20:00. If you haven’t joined my group chat yet, check the pinned post at the top.