🚨 Hedging Strategy $BTC BTC: Protection & Opportunities in One Step 🚨
I opened a long position on BTC at a price of 106,578 worth 0.01 BTC, seeing a fairly solid upward trend. However, when the 15-minute chart showed potential reversal, I immediately took a risk mitigation step:
🔁 Hedging short at a price of 108,403 with the same amount, which is 0.01 BTC.
What is Hedging?
Hedging is a strategy to lock in a position — by opening an opposite position to the main position — to minimize the risk from price movements that do not meet expectations.
🎯 The goals:
• Profit protection if a price decrease occurs
• Flexibility to close one of the positions depending on the next market direction
Today's BTC Insight:
• The 15-minute timeframe shows signs of short-term correction
• Volume is starting to slow down, RSI is overbought, potential retracement is quite strong
• Hedging becomes a wise option when technical signals start to be mixed
💡 The key to success is not only about entry but also how to actively manage risk.
Stay safe, smart, and strategic! 💼📊
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