BTC ---> 3 reaction areas

Updated
hello guys...

what happened to BTC?

  • Hunt the last pivot (I've shown it as a pink area)

  • shaped a cover-up candle (in most cases this candle causes a change in the trend)


now, what?

3 reaction areas

- in my opinion, you should be a scalper now

1-you can get a short position until the gray area

in the gray area, you can get a confirmation and then get a long position but don't be greedy and satisfied with small profits there

2- put long limit orders in both green areas, if the price retraces to the last green area you can extend your target there.

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always do your research.

If you have any questions, you can write them in the comments below, and I will answer them.

And please don't forget to support this idea with your likes and comment
Note
4 scalp positions

short/sell

entry: 28072

Target 1: 27671


buy/long-1

entry: 27551

Target 1: 27832


buy/long-2

entry: 27343

Target 1: 27541


buy/long-3

entry: 26848

Target 1: 27140

Target 2: 27450

Target 3: 27990
Note
also, you can doesn't close your short position until the price reaches the last green area, but consider you should be patient!

#btcusdt
Note
Fantastic downward movement
Note
Such a reaction to the gray area
Trade closed: target reached
the first buy position hit the target:

snapshot
Note
#btcusdt
The first long position hit the target,
the second unfortunately didn't
and the last long position hit the target1 and target2, but the last target didn't reach.
Furthermore please manage your positions and close 60%-80% of them on target 1,2
Bitcoin (Cryptocurrency)BTCBTCUSDTSupply and Demand

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bit.ly/HYCM-M
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bit.ly/LbankMelika
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t.me/melikatrader94
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