Bitcoin Daily View

1 mar 2022

BTC #bitcoin HZ resistance lining up with MA and EMA 100. I drew out the 3 paths I see most likely from here.

Here is my view of where we stand:
Above 46k and full bull.
Above 44.5 limbo.
Below 44.5 Bears still have edge.
Below 41.5 Bears back in control.
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Top 10 trading tips:
1. DO NOT FOMO into a trade. Let it come to you. Don’t force it.
2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind.
3. Let your winners run and cut your losers short.
4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win!
5. Before you enter a trade, know your target AND your exit strategy.
6. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven.
7. Set your trade parameters up front so you keep your self accountable and remove emotions from the equation. (stop loss, take profit levels, etc)
8. Don't fight the trend. The trend is your friend.
9. Don’t enter a trade based on one indicator.
10. Horizontals > Diagonals

Please note:

- This is not financial advice.
- I do not take every trade I post.
- Never trade off of someone else's chart until you DYOR!

2 mar 2022

Nota

So far getting rejected and looking like 42k retest is likely.