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 bounce within this range is confirmed, one can enter at 103200$ with a stop loss set at 102500. The initial profit-taking should be at the nearby resistance of 105000, followed by higher levels at 106200 if the momentum continues. Using indicators like RSI and MACD is a good way to confirm the momentum reversal, and it is essential to ensure discipline in risk management. Trading on a swing basis allows for handling the medium-term without being preoccupied with immediate market fluctuations.