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BTC LONG

The chart right presents the pre bullmarket btc chart in 2020.

Strategy:
Potential long setup from the consolidation zone. The price action indicates a demand zone around the current levels, with a potential for reversal towards higher levels, as shown in the shaded blue area. The right-hand chart supports this bullish bias.

Entry: Around the current price levels (consolidation)

Stop-loss: Below the local support (recent swing low)

Risk management is essential, considering the current volatility and broader market correlation.
Komentar
Wait for CPI to put a trade on, today. Don't take the trade blindly as it is not active yet.
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