DailySats

BTCUSD: Here's how you catch a falling knife

Long
BINANCE:BTCPERP   BTC Perpetual Futures Contract
Bitcoin is looking ready for a reversal.

The only question that you should be asking yourself is "buy now or wait for a dip to 70.5% Fib at $33,870?"

As always,
Leave your thoughts in the comments!

Feedback or questions are appreciated.

DYOR
Not Financial Advice (FA)


P.S.
In case, the high probability reversal doesn't take place where it should, expect a sweep of $27,244
Comment: 1/ Orders filled at $31,200, nice little profit.
2/ Moving SL to Entry,
3/ (TP1) looking to close half of my position at 50% Fib ($34,874)
4/ Letting the rest rip with an adjust SL after TP 1
Trade closed manually: Check out the latest BTC post for ideas

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