IBIT (Bitcoin ETF, or /BRR, /MBT futures) another objective long entry here at the next (46.30ish) support level on the daily chart. If targeting T3 (final target), which would be good for about a 21% profit, a 7% stop loss would provide an attractive 3:1 R/R. As per my previous post, TTD, MARA, COIN, HIVE, & RIOT also offer objective long entries & are being added as attempts to “catch-a-falling-knife” trades here (price targets will follow in a video as soon as I get a minute to record it. Daily chart below.
IBIT daily 2 Nov 21st