I am waiting for $16,500 to enter a LONG position there. Based on Fibonacci and the Base area in the RBR movement and the supply and demand area created, at least one trade can be taken with a reward of 3. And it could also be the start of BTC price growth.
Of course, there is no certainty in any analysis and these signs help us to increase the winning percentage of our transactions.
The trend of BTC is ready to go back to bearish and I will abandon this position. But probably, if the right trigger is given, a position of 1:2 can be taken.
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