Ready to long BTC?
We have no confirmation for a trend reversal in high timeframe!
BUT, we do have 3 or more confluences at that miniGP level, which is more than enough to look for a long position, provided reversal indications with PA. dont blindly use high leverage, instead risk less than 5% on this trade. If looking for high leverage go to smaller timeframes and wait for levels to hit, use CCTR or MLB for reversal indication risk bare min..
Mindset to be in:
"If this works im in, if price flirts at that level i will ditch on high leverage entries"
BUT, we do have 3 or more confluences at that miniGP level, which is more than enough to look for a long position, provided reversal indications with PA. dont blindly use high leverage, instead risk less than 5% on this trade. If looking for high leverage go to smaller timeframes and wait for levels to hit, use CCTR or MLB for reversal indication risk bare min..
Mindset to be in:
"If this works im in, if price flirts at that level i will ditch on high leverage entries"
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.