Critical Level 29650 - BTC/USDT
Dear friends, I want to warn you right away that if I see a confirming factor for myself that tells me about the continued growth, I will close 2 short positions at a loss, and I will open a long position, until such price values as 30500 - 31430 - 32100 are updated. - 32800
As soon as the level of 29450 is broken and there is confirmation, I close the short position and open the river.
Observing risk and money management, as well as trading with stop loss - this river position, with an increased lot, will give its profit.
Only after confirming this level at 2h TF (29450)
Potential loss on 2 positions will be 660 ~ 760 points
I am for flexibility in trading.
Why did I decide to share this with you, because someone fixes their positions (profit) but for a complete unloading, he pushes the price up, observing the same proportions impulse 25% - correction 10% - impulse 25% and again from the beginning
Plus, judging by the counting, it will still break through this level, because now there is a rising wedge on the chart,
The profit for which is calculated from the beginning of spending.
It will be ~ 10%
This percentage will be from the price of 29650 to the level of 32950
As soon as the level of 29450 is broken and there is confirmation, I close the short position and open the river.
Observing risk and money management, as well as trading with stop loss - this river position, with an increased lot, will give its profit.
Only after confirming this level at 2h TF (29450)
Potential loss on 2 positions will be 660 ~ 760 points
I am for flexibility in trading.
Why did I decide to share this with you, because someone fixes their positions (profit) but for a complete unloading, he pushes the price up, observing the same proportions impulse 25% - correction 10% - impulse 25% and again from the beginning
Plus, judging by the counting, it will still break through this level, because now there is a rising wedge on the chart,
The profit for which is calculated from the beginning of spending.
It will be ~ 10%
This percentage will be from the price of 29650 to the level of 32950
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