BTC/USDT - I expect a long hike up
Hello dear traders.
If you read my last trading idea yesterday, you probably used a little advice on where to buy back, and at what price values.
I confess, there was one losing trade yesterday, and I lost a little on the second long.
did not take advantage of the chance of breaking the descending top, and instead of shorting the position, in the hope of breaking through the level, he got into negative territory.
It's a trading baby!
After losing my long position, I didn't go short.
As I was waiting for confirmation for a reversal in the triangle.
Yes, the price entry is not the best, but with $ 18630 I still opened this position. I have already closed 1/2 of my position at 19130, the rest at no loss.
Therefore, I can calmly write my views on what is happening.
Speaking of short positions. Globally - I will start examining it only in the case where there will be a true breakout of the price of 18550. When the NEXT DAY'S DAY CANDLE, ON VOLUME, WILL BE BELOW THIS LEVEL.
Then I will only work from short positions.
Now - every ransom up to this price - only in long.
Only with confirmation at 30m, 1-2 hours.
If we look at the charts at large time frames - honestly, everything points to a decline!
Even take this whole triangle - it is not fully formed - and needs to return the price to 18600.
But I understand that this will not happen, since there is FLAT - which must bring the price to the levels that I indicated to you in green!
So, look at the price in this triangle - only on the breakout, on the price fixing above or below, work towards the goals that I have provided you.
P.S I expect a long hike up.
If you read my last trading idea yesterday, you probably used a little advice on where to buy back, and at what price values.
I confess, there was one losing trade yesterday, and I lost a little on the second long.
did not take advantage of the chance of breaking the descending top, and instead of shorting the position, in the hope of breaking through the level, he got into negative territory.
It's a trading baby!
After losing my long position, I didn't go short.
As I was waiting for confirmation for a reversal in the triangle.
Yes, the price entry is not the best, but with $ 18630 I still opened this position. I have already closed 1/2 of my position at 19130, the rest at no loss.
Therefore, I can calmly write my views on what is happening.
Speaking of short positions. Globally - I will start examining it only in the case where there will be a true breakout of the price of 18550. When the NEXT DAY'S DAY CANDLE, ON VOLUME, WILL BE BELOW THIS LEVEL.
Then I will only work from short positions.
Now - every ransom up to this price - only in long.
Only with confirmation at 30m, 1-2 hours.
If we look at the charts at large time frames - honestly, everything points to a decline!
Even take this whole triangle - it is not fully formed - and needs to return the price to 18600.
But I understand that this will not happen, since there is FLAT - which must bring the price to the levels that I indicated to you in green!
So, look at the price in this triangle - only on the breakout, on the price fixing above or below, work towards the goals that I have provided you.
P.S I expect a long hike up.
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