Short-term long attempt on BTC - target $8650
On 1H interval good entries seem to happen when a) RSI is very low b) MFI+RSI signal shows a green zone and c) price is near support. Price seems to be showing a higher low and may break out of the trend of the past few days. Going long with 2-3x leverage with target of $8,650 and stop at $7975 = 3.7x Risk-return ratio.
Long-term: Still short as price showing a potential bear flag.
Long-term: Still short as price showing a potential bear flag.
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