Long
BTC Hedge Areas an Game Plan.
Bull Trend intact.
Targets for profit taking/Hedging(reversal areas) are marked off and estimated by the dashed arrows
I wouldn't use leverage for the shorts and set SL break even asap. The idea is to protect your stack from a bear market.
Calculated risks. A dump could present the "LAST CHANCE sale on BTC for big money to buy up.
We could also just keep pumping towards 50-75k.
Targets for profit taking/Hedging(reversal areas) are marked off and estimated by the dashed arrows
I wouldn't use leverage for the shorts and set SL break even asap. The idea is to protect your stack from a bear market.
Calculated risks. A dump could present the "LAST CHANCE sale on BTC for big money to buy up.
We could also just keep pumping towards 50-75k.
Note
Disregard chart on the right, added by mistake.Trade active
hedges at 40k
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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.
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.