Indicators go crazy on this - but most of them point now. The price is moving below the 20, which is an inherent part of my strategy when trading Bitcoin .
I use the pattern to verify my
- Stop-Loss slightly above the peak
- Neckline & Entry at today's open price
- Technical Target at the bottom of the
Since we do have a major event upcoming in May (Halving), i will hedge here while adding more longs at the Levels (0.5, 0.618, 0.786).
Please manage your risk properly! If you have any questions, feel free to contact me. All details are in the bottom of the description.
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