Yesterday we broke down local trendline and now we are squeezing to the level again. It's strong bullish sign. Ideally we want to wait for BTC to squeeze to VWAP, this will be best confirmation.
If you look at the hourly candles, you can clearly see that they just barely grazed a level. Do you think it's likely that there a lot of people who have stop-losses behind those level? I think it is.
Will enter when price squeezes to the level on 5m timeframe, the base will form and the tape will get faster.
Fix profit by parts: 1% - 1/3 2% - 1/3, stoploss to breakeven What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones