Explore the mix of my investment portfolio. Follow me to see how I invest! $BTC
With the price of #BTC dropping to 103000$ , the #SwingTradingStrategy highlights a clear buying opportunity in strong support areas. Currently, the range of 102600$ - 103500$ is a strong attraction area for traders, supported by the current price. Once the rebound within this range is confirmed, it can be entered at 103200$ with a stop loss set at 102500. This would yield initial profit-taking at the nearby resistance of 105000, followed by higher levels at 106200 if momentum continues. Using indicators like RSI and MACD is good to confirm momentum reversal, and one should ensure discipline in risk management. Trading on a swing timeframe allows handling the medium-term period without getting caught up in the immediate market fluctuations.