For one, the weekly chart is insanely bullish. A retrace is possible of course, but I don't think it would be very big and would go back up after. Another, we have a golden cross imminent on the 50/200ema tomorrow.Another, if you look at this point in a cycle in the past, it has always gone up more.
So I got stopped out at 10512 on Friday. I was a bit ticked off by that to be honest as it was looking good and the dump came after some nonsense comments from Powell at the federal reserve anyway it was low leverage. I remain long at spot still and am looking for signal to re enter as I’m still overall bullish and want confirmation to add long again - we started last week at 9700 so finishing across 10.5k is a good result.
You know that swing trading takes often more then one day that what you mean is scalping and you do more trades in one day with little profit but it is very hard in the crypto market because of the volatility