LONG BTCUSDT
Updated
Swing Trade (Weekly, Daily)
On daily Buyers are pretty aggressive as the bounced back for the 5961 Support area and they wiped out the strong Demand (7401 USDT) area which is holding for a while and holding above the Demand level, So, technically it is a buy but the area to watch is 7954, if price hits this area so aggressive with much power then we can tell that Big Boy is doing his purchase and so, we do.
Entry: 7688 USDT
TP 1: 8500, TP 2: 9500
Stop loss: 6619
Position Size: 1% Risk on your capital/1069
Risk/Reward: 1:6 So, HH RR.
If TP is hit then we will be at 19% profit.
Buy from Sellers and Sell from Buyers.
On daily Buyers are pretty aggressive as the bounced back for the 5961 Support area and they wiped out the strong Demand (7401 USDT) area which is holding for a while and holding above the Demand level, So, technically it is a buy but the area to watch is 7954, if price hits this area so aggressive with much power then we can tell that Big Boy is doing his purchase and so, we do.
Entry: 7688 USDT
TP 1: 8500, TP 2: 9500
Stop loss: 6619
Position Size: 1% Risk on your capital/1069
Risk/Reward: 1:6 So, HH RR.
If TP is hit then we will be at 19% profit.
Buy from Sellers and Sell from Buyers.
Trade active
Trade active
BTCUSDT 1st Target hit, Trade continues.Trade closed: target reached
Still, there is momentum price can spike a bit, Risk your pocket.
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