Carrypair

STRATBTC

Long
STRATBTC Long (Positional Trade)

On the Daily TF, 0.00068793 Sats is the key level to watch for Long entries and Price is holding above that line so, I have a clear entry between 0.000687 Sats and 0.0007447 Sats, though I am entering late I am seeing this as a positional entry, I mean holding for a period of 2-3 Months (Time is not fixed it depends on the volatility of the market). I see a clear HH on the Monthly and Buyers took control. As of now, I anticipate that market will hit the recent Resistance on the Weekly 0.002 Sats. I might Hedge my position size once I see some discount coming in between (0.000687 Sats and 0.0007447) I mean the same price where I am entering. Hash line will be my first target, I am entering this trade right away because I see no discount coming in.

Trade with proper Risk Management

Entry: 0.001056
TP: 0.0029
Stop loss: 0.0003
Position Size: 1% Risk on your capital/756
Risk/Reward: 1:3 So, HH RR.
If TP is hit then we will be at 63% profit.

Buy from Sellers and Sell from Buyers.



Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.