Bitcoin has a bullish guard above the current support.
Volume management and risk-free strategy are very important in this setup.
Bollinger band midline movement can help you manage your risk.
The divergence of the indicators is shown in the chart.
Comment
β
After the price reaches the entry point, the upward rally begins and is now in the resistance zone. βπ― Risk-averse people can leave at this level. Other traders also make their positions risk-free. π₯β
mention of using the Bollinger Band midline to manage risk is a useful tip. It's a dynamic way to gauge market volatility and adjust positions accordingly.