Long position on BTC

BINANCE:BTCUSDT   Bitcoin / TetherUS
On the 1h chart of BTC /USDT it looks like it has been bounced from the diagonal support level . The reason why I believe it will be going up because it got a steep correction on the 1H and the RSI & MFI have been entered the oversold zone. This has led me to think that the price will rise in the short term.

I've put in a long position on 47.9K with 4x lev and s/l on 47.450 and have placed my t/p on 48.9K & 49.4K. Do not consider this financial advise but this is my pure thought as a trader and my own personal trade.

This is my publication #7. Let me know what you think of it and if you have any questions, suggestions, feedback or other inquiries let me know! I’m also just a trader.