BTCUSDT Trading Idea.
I expect the price to dump to 20k area for a leg up.
How far i'm expecting it to go? it depends on the price action, You see the uptrend line? If it get broken with smart money volume then i expect it to create higher high till 24k area, if not, we can reject back to the 20200 area or below.
Key Point:
• Don't try to open swing position when we are ranging.
• Don't scalp without tight Stop Losses. and be aggressive on taking profit.
Look for longs at 20200 area with invalidation at 19600 area (SL Hit we go lower)
Look for shorts at 21200 area with invalidation at 21590 (SL hit we go higher)
How far i'm expecting it to go? it depends on the price action, You see the uptrend line? If it get broken with smart money volume then i expect it to create higher high till 24k area, if not, we can reject back to the 20200 area or below.
Key Point:
• Don't try to open swing position when we are ranging.
• Don't scalp without tight Stop Losses. and be aggressive on taking profit.
Look for longs at 20200 area with invalidation at 19600 area (SL Hit we go lower)
Look for shorts at 21200 area with invalidation at 21590 (SL hit we go higher)
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