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Thoughts on the market

Yesterday I covered 50% of the long position - in the center of the range (at $3474). The average entry from previous recommendations turned out to be gorgeous “at the bottom” ($2970 each). In case of a rebound from $3500, I will re-enter a little lower. I keep the rest until I reach 4K at the upper limit of the channel.

The schedule is also methodically beautiful:
- breakdown of inclinations
- hike to a strong level
- fiba test
- rebound to the center of the range and channel
- fibe retest
- and then mirror the center of the channel and accelerate

At the moment, to continue global longs it is necessary to update the local swing at $3525 and gain a confident foothold. It is natural and desirable to arrange a higher fix in the range of $3600-3650.

Pay attention to how the combination of factors “border of the inclined channel-fiba-historical strong level-blocks” works out. 

All the best!