Brett/USDT - Swing Postition

6 дек.

Date: 06/12/24

Name: Brett/USDT

Market cap
2.01B
1.55%
Volume (24h)
116.05M
10.51%
FDV
2.01B
Vol/Mkt Cap (24h)
5.83%
Total supply
9.91B BRETT
Max. supply
10B BRETT
Circulating supply
9.91B BRETT





Daily Time Frame – Swing Position – Long!

Reasons to be Bullish Case:
1) Structure: Weekly Break of Structure
2) Current phase: Strong Bullish momentum, Trending upwards (daily Bos, Swing defined.
3) Overall trend: Continuation of Bull Trend.
(4) Internal: Structure Shift towards upside, Pull Back done, uptrend continuation, internal Shift, ready to sky rocket.
(5) Important Key notes: .
- 178 days for break of structure and Trending upwards
- Currently holding Previous resistance as its support and key level on Daily Time frame range.
Worst case Senerios:
4) Bitcoin is currently at All time high, liquidation flush remaining (75k – 80k)
5) Due to liquidity generated and Demand zone sitting below.
6) if $0.15 is not hold, then we can see further buying opportunities on marked point of interests.
7) Invalidation below $0.07
8) Be Prepared at 0.3034 level, Can expect huge Sell pressure. (untested area before last selling. (huge Dump in history).

Trade Plans:
BUY CMP: $0.203
DCA: $0.08-0.13

Invalidation: $0.07

Trend Based Fibionacci Targets:
Target 1: $ 0.44
Target 2: $ 0.69
Target 3: $ 0.85
Target 4: $ 1.10

**This is not a financial advice, these are my personal trade journals, Do your own research before taking any action. **