My btc/usd and eth/usd trades after buying 5 days ago / btc breakout - trading journal #4

Do repost and rate:

Around 5 days ago I announced that I opened a Long position on BTC and another one on ETH. The price target for BTC/USD was around $60000 and I am still in that trade because we actually saw a breakout and are currently hunting a new ATH. I took some profits out of the trade but compounded 25% back into the trade today. The BTC/USD trade is currently up 65%. I have closed the ETH/USD trade already with 100% profits 2 days ago to buy some altcoins.

My last post for reference: https://www.publish0x.com/my-crypto-trading-journey/my-2-new-huge-trading-opportunities-i-took-on-btcusd-and-eth-xzwdqmz

BTC/USD breakout:

We're currently breaking out of this channel and setting new BTC highs and now after retesting this breakout on the 4h timeframe chart I am thinking about making my Long position even bigger. The next target is the 1.272 Fib Retracement level at $62500 and I think we should break this one easily with enough volume. The breakout and the 4h close are super bullish right now and will influence the next few days.

In conclusion:

This is all I can really say right now, I'll stick with my position for another 5 digit gain on BTC if we can make it. I'm thinking about making a big ByBit trading tutorial for you guys, please let me know if you want one! Huge week ahead friends. 

As always, no financial advice.

Thank you for reading, I wish you a nice rest of the day and hope you enjoyed the read.

- fendiuno

Regulation and Society adoption

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