Going long on BTCUSDT, if there is a reversal in the purple zone, the purple zone also coincides near the 50% fib retracement level. If it breaks down, looking to go long if there is a reversal at the white support line, using TTM squeeze as help for confirmation.
I will update if I took the long position.
I will update if I took the long position.
Note
Getting close to starting a long position, I changed the TTM length from 14 to 10, TTM has almost turned positive which will be my confirmation when I decide to take the long positionTrade active
Started a long position hereTrade closed manually
Cut my losses, was using 5x leverage, so I cut my losses at -20% down (down about -4%)
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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.