Bitcoin presents an interesting swing trade setup at the moment. We're looking at a trendline long entry with protective stops positioned just below the recent lows. The profit targets align with the Golden Pocket region and the Value Area High (VAH), which have historically acted as significant resistance zones. This kind of setup rewards patient traders willing to manage risk properly while waiting for price to reach those key technical levels.
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LeekCutter
· 16h ago
Well... to be honest, I've seen many trendline setups like this, but it all depends on whether it can really break through the VAH level.
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NeverVoteOnDAO
· 16h ago
Hey Golden Pocket, we really have to wait for this round. I truly understand the patience that kills.
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MetaverseLandlady
· 16h ago
Wait, is the golden pocket really useful... Why do I always see people losing money haha
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ResearchChadButBroke
· 16h ago
Hmm, I’m familiar with this routine. I’ve been waiting a long time for the Golden Pocket... just afraid it’s another false alarm.
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ShortingEnthusiast
· 16h ago
This wave of BTC trendline long positions is indeed tempting... but I always feel that the golden pocket might break, after all, history repeats itself too many times.
Bitcoin presents an interesting swing trade setup at the moment. We're looking at a trendline long entry with protective stops positioned just below the recent lows. The profit targets align with the Golden Pocket region and the Value Area High (VAH), which have historically acted as significant resistance zones. This kind of setup rewards patient traders willing to manage risk properly while waiting for price to reach those key technical levels.