Houston on Nostr: As noted, we retested the 27176 pivot on $BTC. ✅ Breadth in the crypto market is ...
As noted, we retested the 27176 pivot on $BTC. ✅
Breadth in the crypto market is extended to the downside. ✅
The risk/reward now favors being long and I will start accumulating around these levels. 📉📈
https://iris.to/note1kn6n8kr5v5u65ulj9c5zt9qkx236xs4hh7ea8ymhe7dsq87mh8hspevcvc
Catching the exact bottom is not always easy so a good tactic is to leg into the trade and add on potential weakness and/or confirmation of the reversal.
A break back above 27508 puts the monthly breakout back in play.
#Bitcoin #trading
Breadth in the crypto market is extended to the downside. ✅
The risk/reward now favors being long and I will start accumulating around these levels. 📉📈
https://iris.to/note1kn6n8kr5v5u65ulj9c5zt9qkx236xs4hh7ea8ymhe7dsq87mh8hspevcvc
Catching the exact bottom is not always easy so a good tactic is to leg into the trade and add on potential weakness and/or confirmation of the reversal.
A break back above 27508 puts the monthly breakout back in play.
#Bitcoin #trading