UnknownUnicorn13204076

Friends, why did I open a long position now? BTC/USDT Analysis

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
Dear friends, why did I open a long position now?

We are near the important level 31500 - the contraction of the volume to the upper border of the triangle.
The Bollinger indicator indicates a buy.

Also, daily goals for my bot are the boundaries: 27500-28800
And the top is 33500 -34800


I may be wrong, but I expect to see the price at the top.
But do not forget that the price in such a triangle in a bear market goes down.

So far, I'm starting from what the market draws.
There is also important support at the level of 30850 - 31150.

Yes, there is one more vormation - this can be assessed as a rising wedge, which is broken down by the price.
But - I have already opened a long position, let's see how I analyzed the situation .... honestly, it is a little confusing now. Yesterday's absorption candles simply surprised everyone, including me, although there was no loss. (this pleases me - I hope today we will see a good profit)

If there are any changes in the market, I will write to you immediately in the comments on this trading idea.

Big players are gaining long positions - this can be seen from the reports of all birjs.
Therefore, I also decided to trade in this direction.

Many may disagree with me - perhaps you are right, but this is my decision, my position. (observe all aspects of profitable trading - and you will be fine)

Good mood, everyone, and profitable trades.
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