Houston on Nostr: As noted, we retested the 27176 pivot on $BTC. â
Breadth in the crypto market is ...
As noted, we retested the 27176 pivot on $BTC. â
Breadth in the crypto market is extended to the downside. â
The risk/reward now favors being long and I will start accumulating around these levels. đđ
https://iris.to/note1kn6n8kr5v5u65ulj9c5zt9qkx236xs4hh7ea8ymhe7dsq87mh8hspevcvcCatching the exact bottom is not always easy so a good tactic is to leg into the trade and add on potential weakness and/or confirmation of the reversal.
A break back above 27508 puts the monthly breakout back in play.
#Bitcoin #trading
Published at
2023-10-11 12:55:35Event JSON
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"content": "As noted, we retested the 27176 pivot on $BTC. â
\n\nBreadth in the crypto market is extended to the downside. â
\n\nThe risk/reward now favors being long and I will start accumulating around these levels. đđ\n\nhttps://iris.to/note1kn6n8kr5v5u65ulj9c5zt9qkx236xs4hh7ea8ymhe7dsq87mh8hspevcvc\n\nCatching the exact bottom is not always easy so a good tactic is to leg into the trade and add on potential weakness and/or confirmation of the reversal.\n\nA break back above 27508 puts the monthly breakout back in play.\n\nhttps://s3.tradingview.com/snapshots/a/ABouxUvr.png\n\n#Bitcoin #trading",
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