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STRATBTC

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.


Beyond Technical AnalysisChart PatternsLONGpositionalSTRATBTCTrend Analysis

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