#TradingStrategyMistakes 📊 dollars.

🔍 Some elements to consider before entering a position:

- Current trend: BTC is moving in a bullish dynamic, with a price around $119,130, and the 50-day and 200-day moving averages are trending upwards.

- Technical indicators: the relative strength index (RSI) is in overbought territory, which may signal an upcoming correction.

- Market sentiment: short-term forecasts indicate a possible rise up to 131,792,$ in the coming days, but beware of bearish divergences that could reverse the trend.

⚠️ Practical advice:

- Use stop-loss orders to limit losses in case of a sudden reversal.

- Monitor support and resistance levels (e.g., 103,000,$ and $120,000) to refine your entry point.

- Adjust your leverage to your risk tolerance level.