BTC 12H – Slightly Different Picture
The 12H chart tells a slightly different story.
From the PSAR point of view, price has tapped it twice, but that’s not enough for confirmation.
From the system perspective, price is trading above the BB center, with both MLR and SMA also above it—this could justify small scaling.
From the S/R view, price is currently testing weekly resistance and the dotted line marking the daily close. That’s a strong reason to apply proper risk management.
Let’s see how this unfolds.
Scaling in may be a valid option for those considering long exposure—if risk is managed properly.
Feel free to drop your thoughts in the comments—good or bad, all engagement is appreciated.
Take profits. Manage risk. Stay sharp.
