A strong signal to go long

2021年5月26日

When price closed above that very important purple line yesterday, that was a strong signal to go long.
That line represents the weekly close zone from January.
Unfortunately I was not able to jump into btc until just now, after it was already almost 40k.
I do believe it will head to 45k very quickly now.

2021年5月26日

ノート

I shouldn't say that it will fly to 45k. A lot could happen still.

It's just obvious that the upward pressure rn is strong. If we can get a 4-hr close above 41.1k, I'll feel relatively confident that we are going all the way to 45. Until then I'm still going to sweat my position, especially since I wasn't available at the daily close to get in at 38.1. Bummer.

2021年5月26日

ノート

I forgot that the 41.8k zone of the 1-day 200 ema might provide stopping power as well, since it already did on two previous days. I'm thinking that will be my profit-taking zone and I will be more than happy w 5%. It really depends on how strong btc is when it gets there.