Bitcoin
Long
Updated

#bitcoin level to get in on daily chart

251
Bitcoin's falling, so time to place another limit buy.

Found this demand zone on the daily chart, base consists of one doji-like candle. Placing limit buy on the top part of the body.
Stop loss fits in just underneath the wick, perfectly ~2%.

I'll take those kinds of setups all day long!
Note
Limit buy level wasn't reached. There's a demand zone on the 4 hour chart that would have caught the tip of the wick.

My limit buy was lower, so at a safer price, at an (realized) opportunity cost of being slightly too low and not getting filled.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.