BTC Swing Long
2024-10-24

Potential for a Strong Bullish Move 📈
  BINANCE:BTCUSDT  
Based on current price action, I believe we may be heading into a significant bullish leg. Here’s why:

Bullish Arguments:

Previous Month Low (PML) is being disregarded.
Previous Month High (PMH) is being disregarded.
Previous Week Low (PWL) is being disregarded.
Previous Day Low (PDL) is being disregarded.
4H swing high is being ignored.
4H swing low is being disregarded.
The only bearish point to note:

Previous Week High (PWH) is still respected.
Trade Management: Once we hit the first Equal High (EQH) around 68K, I’ll move my Stop Loss to Break Even (BE) and manage the trade towards the final target.