BTC lift-off @ 10.85 short term. Range-bound medium term.

Looks like we're likely forming a kind of triangular structure with SMA128(D) holding so far.
Expecting short-term bullishness into higher 11K region, then range-bound 10.5-11.5 for a few more weeks into elections

BUY MARKET @ 10.71 / BUY STOP @ 10.851
SL 10.3
TP 11.9
R:R=1:2

Trade ist aktiv:

daily trade with very good potential and tiny risk: BUY MARKET @ 10.660 STOP 10.619 (sic!) TGT 10.85/11.1/11.3

Kommentar:

still holding trendline support, however with bearish engulfing on daily it starts to look less likely to reach targets of 11.5/11.9 should we not appropriately break 10.95 area within a couple of days.

current daily trade active: buy 10.68 stop 10.625

bearish bias should we break down daily low of 10.625 and especially 10.550 area

Kommentar:

if 10.7 does not hold, we're likely to buy @ 10.3 today)

Trade geschlossen: Ziel wurde erreicht:

the target has been overshot, triangle highly unlikely unless ascending one,and 12-12.5 zone looks good to buy atthe very beginning of Novemeber