The situation on BTC/USDT: a sharp drop from $93,500 led to a deep correction. However, the block of purchases formed at $85-$86 thousand represents a potential entry point for long positions.
Strategy:
* From the level of purchases of $85-$86 thousand: Opening long positions with the aim of fixing profits on the breakthrough of the sales block at $90 thousand. Consider risks. Place a stop loss below the redemption block.
* Breakout of the sales block ($90 thousand): Signal to open or increase long positions. Target - further growth.
Key points:
* News background: Actively monitor the news as it greatly affects volatility. * Risk Management: Divide the position into several parts and use stop-losses to limit potential losses. * Dynamic analysis: The situation is changing rapidly. Constantly analyze charts and news background.
Overall, the situation requires a cautious approach and careful market monitoring. Successful trading depends on the ability to adapt to changing conditions.
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#BTC
The situation on BTC/USDT: a sharp drop from $93,500 led to a deep correction. However, the block of purchases formed at $85-$86 thousand represents a potential entry point for long positions.
Strategy:
* From the level of purchases of $85-$86 thousand: Opening long positions with the aim of fixing profits on the breakthrough of the sales block at $90 thousand. Consider risks. Place a stop loss below the redemption block.
* Breakout of the sales block ($90 thousand): Signal to open or increase long positions. Target - further growth.
Key points:
* News background: Actively monitor the news as it greatly affects volatility.
* Risk Management: Divide the position into several parts and use stop-losses to limit potential losses.
* Dynamic analysis: The situation is changing rapidly. Constantly analyze charts and news background.
Overall, the situation requires a cautious approach and careful market monitoring. Successful trading depends on the ability to adapt to changing conditions.