We are facing a Strong Resistance on Monthly Frame at 9250$
So we have two possible scenarios for now
First One:
Is that BTC Succeed to break the resistance at 9250$ So it will continue to Test the next Resistance at 10760$
Second Scenario :
Is that BTC failed to break the resistance so it would fail to support at nearly 7227$
So,
I am entering a Hedge Trade at 9240$ as a short Trade with double quantity Stop-lose above 9250$
as if it failed in breaking the res. i will continue with my short position and if it broke the resistance the position will Flip into Long Position With Stop-Lose under 9250$ With Targets Mentioned in the Chart.
With that position we have A near Stop-loss and far target and we also can avoid the false breakouts
(Please Don't use more than 3X with Max 10% of Portfolio)
So we have two possible scenarios for now
First One:
Is that BTC Succeed to break the resistance at 9250$ So it will continue to Test the next Resistance at 10760$
Second Scenario :
Is that BTC failed to break the resistance so it would fail to support at nearly 7227$
So,
I am entering a Hedge Trade at 9240$ as a short Trade with double quantity Stop-lose above 9250$
as if it failed in breaking the res. i will continue with my short position and if it broke the resistance the position will Flip into Long Position With Stop-Lose under 9250$ With Targets Mentioned in the Chart.
With that position we have A near Stop-loss and far target and we also can avoid the false breakouts
(Please Don't use more than 3X with Max 10% of Portfolio)
Trade active:
Resistance broken !!!
Welcome 10000$
Congratulations 🥳
Welcome 10000$
Congratulations 🥳
Comment:
Close Your Trade at 10300$ and wait for update
Comment:
Heading towards 7keks