Bitcoin has been consolidating at lower levels, forming an upward support line. It is currently steadily rising, indicating the uptrend remains intact. If the price retraces to the uptrend line and moving average support without breaking, we can go long targeting the upper band of the descending channel at 717-720. If the price falls back from the 717-720 resistance level, we can short targeting 655. Specific execution depends on real-time market action.
This morning the limit order was placed at too low a price, missing entry by 1.7 pips. In the afternoon, I wanted to open a short position as the first batch in Ant warehouse, but unexpectedly opened it in the wrong direction. When the price pulled back, I withdrew and reversed with a limit order, successfully entering long. I made a small profit, but unfortunately my circadian rhythm kicked in. I don't have the habit of holding positions overnight, so I was forced to take profits. Today I successfully made 100u, getting one step closer to the 5000u goal. I'll keep working hard tomorrow.