Bitcoin's price is approaching the range low
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Trade Idea:
When we check the order book, nice buying opportunities await us around 40K. Similarly, the liquidity of the entire range will be there. Instead of placing a blind order, we can set an alert for the range low and go short if there is a volume breakout, or go long otherwise.
Personal Point Of View: Still Market is in range, don't need to target lower of higher until clear range breakout.
Keep In Mind: On every chart, you should have invalidation and setup activation conditions. Without these, you can produce as many scenarios as you want.
Read First ❗ Follow me to understand the context of the market and improve your market reading with the right technical analysis methods.
Important : Please Use RM (Risk Management) and MM (Money Management) If You Decide To Use My Ideas, There Will Always Be Unprofitable Ideas, This Will Definitely Happen, The Goal Of The System Is That There Will Be More Profitable Ideas At A Distance.
Trade Idea:
When we check the order book, nice buying opportunities await us around 40K. Similarly, the liquidity of the entire range will be there. Instead of placing a blind order, we can set an alert for the range low and go short if there is a volume breakout, or go long otherwise.
Personal Point Of View: Still Market is in range, don't need to target lower of higher until clear range breakout.
Keep In Mind: On every chart, you should have invalidation and setup activation conditions. Without these, you can produce as many scenarios as you want.
Read First ❗ Follow me to understand the context of the market and improve your market reading with the right technical analysis methods.
Important : Please Use RM (Risk Management) and MM (Money Management) If You Decide To Use My Ideas, There Will Always Be Unprofitable Ideas, This Will Definitely Happen, The Goal Of The System Is That There Will Be More Profitable Ideas At A Distance.
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