Scalping the LONG SIDE? BTC Buys#btc #bitcoin #btcusd
Since posting this chart some hours ago we had a few DMs asking would we take a buy short term trade here here on Bitcoin.
Well as we mentioned earlier we wouldn't be interested until BTC was above our key level above 20k.
Anyhow with a gun to our head as a very short term idea with risk managed one could enter at market looking for 4:1 reward to risk and still be within the current BTCUSD liquidity range.
But like we always say in our lessons we rather be in late but with a smaller stop loss in any trade and so we only see that senario playing out for us once BTCUSDT is above 20k again.
Have a great day all!
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