Investors should monitor these key levels as potential entry points for long positions, especially if you're positioning for the next bull run. It’s crucial to time your buys carefully and maintain a balanced approach when building long positions. Start accumulating gradually as these levels offer a good risk-to-reward ratio, but be mindful of the market's volatility.
Personally, I’m long at 4,700 and looking for further opportunities to scale in as the market develops. Keep an eye on price action around these zones and consider dollar-cost averaging to manage risk effectively.
DO WHAT OTHERS DON"T KNOW AND DON'T DO WHAT OTHERS KNOW
Also on:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.