Let’s revisit POPCAT, which has delivered excellent returns and continues to show promising price action.
First Setup: I’m looking to enter at the monthly level and on the reclaim of the red line (pivot area). If the market maintains enough strength, this level should hold.
Second Setup:
This comes into play if the market remains indecisive and needs to retest lower to validate the recent up move. I plan to re-enter at the mid-level, which aligns with a significant macro pivot area on the chart.
I prefer the second setup as it carries less risk and offers a cleaner entry, but the first setup remains a backup if the market shows strength and starts making new upward waves from here.
Place your bets and let the market dictate the moves. BITCOIN needs to behave above 60k :)
Trading ditutup: stop tercapai
Went lower than expected. There's a new trade setup available, but I'm satisfied with the other trades for now.
This still has potential, so it's not one to ignore!
I had two entry options based on retracements. However, adding context, it made more sense to enter below 56c.
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.