Closed short and open Long Position from 33450 BTC/USDT
Long 33450
Targets: 33900 - 34600 -35200 -36120
Stop loss: 33050
Why am I going long.
Dear friends, I think it makes no sense to explain to you why we close short and open long, because you know that we have intraday trading, and we try to make the most of this day in order to find the most profitable entry point with a short stop loss. . - for now, whatever one may say - it works.
So here:
1) I open a long position due to the fact that it is at the level of 33150 - my trading bot indicated strong support from the side of the buyer.
2) There is a volume absorption candlestick proportional to the red candlestick. (To me personally - this suggests that this is a market maker level - which accumulates positions into long positions. Maybe I'm wrong and the price will return and go lower - But we have reached the previous resistance zone (level - 33250 - 33050). Now this level serves as support ...
3) According to indicators - it is definitely impossible to say that there will be a rise or fall, because half of them are for growth, half for a fall. So a 50/50 situation
4) This is what keeps me from long positions so far (but we must trade with the trend, which gives the crypto market)
This is the factor that is on top - the level 38800-34400 - it is very very important, and the price has repeatedly repelled from it.
5) Considering the fact that information from the exchanges comes in such a ratio that there are much more long positions than short positions, I decide to open such a long position. And we will try together with other market players - expect the breakout of an important level and the price creaking above 34400 - by 2-4h TF.
6) I will put our first take profit at 33900 close to get 100% profit, and set the stop loss to breakeven.
7) The work also takes place in a triangle - where there is always a lot of uncertainty - and many traders beat this, but we will try to squeeze the maximum profit out of this, most importantly, follow everything that I write to you in the messenger.
Let's see how this level 38800-34400 will show now.
Targets: 33900 - 34600 -35200 -36120
Stop loss: 33050
Why am I going long.
Dear friends, I think it makes no sense to explain to you why we close short and open long, because you know that we have intraday trading, and we try to make the most of this day in order to find the most profitable entry point with a short stop loss. . - for now, whatever one may say - it works.
So here:
1) I open a long position due to the fact that it is at the level of 33150 - my trading bot indicated strong support from the side of the buyer.
2) There is a volume absorption candlestick proportional to the red candlestick. (To me personally - this suggests that this is a market maker level - which accumulates positions into long positions. Maybe I'm wrong and the price will return and go lower - But we have reached the previous resistance zone (level - 33250 - 33050). Now this level serves as support ...
3) According to indicators - it is definitely impossible to say that there will be a rise or fall, because half of them are for growth, half for a fall. So a 50/50 situation
4) This is what keeps me from long positions so far (but we must trade with the trend, which gives the crypto market)
This is the factor that is on top - the level 38800-34400 - it is very very important, and the price has repeatedly repelled from it.
5) Considering the fact that information from the exchanges comes in such a ratio that there are much more long positions than short positions, I decide to open such a long position. And we will try together with other market players - expect the breakout of an important level and the price creaking above 34400 - by 2-4h TF.
6) I will put our first take profit at 33900 close to get 100% profit, and set the stop loss to breakeven.
7) The work also takes place in a triangle - where there is always a lot of uncertainty - and many traders beat this, but we will try to squeeze the maximum profit out of this, most importantly, follow everything that I write to you in the messenger.
Let's see how this level 38800-34400 will show now.
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