1. Entry SHORT:
📍 97,500 – 98,200
→ This is a strong resistance zone, also the nearest short-term peak.
→ RSI is approaching overbought, MACD shows signs of slowing down.
Short-term target:
🎯 96,500 – 96,000
→ This is the nearest support zone, also the price point that can rebound if a correction occurs.
Long-term target: this order, we will wait for it to reach 90k 91k, which is also comfortable.
Should not fully commit to this SHORT, only enter with 10% and use leverage (x2–x3) as a 'counter trap.'
This order will not set SL because the investment is small and there is no liquidation price, so just set TP and wait to collect is okay.
Currently LONG from 93k 94k and have set SL at 97,000 → which means there is a huge advantage, so if SHORT, consider it as 'catching an extra coconut' when BTC fluctuates. Don't let it turn into a reversal "the stick hits the back of the man" 😅
There are many trading methods, but with the short-term market, it is very difficult to predict due to many factors such as news, manipulation... so please enter orders wisely, otherwise just follow the long-term trend with slow but steady, sustainable and long-lasting orders.
Always adhere to 2 rules: 1 is to never lose money. 2 is to look back at rule 1.
$BTC
This month I am quite busy so I will not post short-term trends anymore, but occasionally I will post strategies and trading methods. Those interested can follow for more references. ❤️
