BTCUSDT - here's why you shouldn't rush buy
The price is clamped in a narrow range and there are several options for exiting this structure. Therefore, in order not to panic when there is strong volatility, you were ready for anything.
1. Exit down to $30k and test the gold level and turn up.
2. exit to $34444 and a sharp upward reversal to retest the global diamond and further decline to $30k.
3. falling to $34444 and after a reversal with a preload on the breakdown of the global diamond. So we collect liquidity, strong fear, and sharply turn around and fly 60k.
4. reversal from the fiber level zone 0.382 $39400 and fly to $43k (unlikely)
The main conclusion from all these options, which you are now ready for, is to buy in parts and on reversal formations on large TFs from 4h with a stop behind support levels
It is easier to work short in this situation, but you should be careful with longs.
1. Exit down to $30k and test the gold level and turn up.
2. exit to $34444 and a sharp upward reversal to retest the global diamond and further decline to $30k.
3. falling to $34444 and after a reversal with a preload on the breakdown of the global diamond. So we collect liquidity, strong fear, and sharply turn around and fly 60k.
4. reversal from the fiber level zone 0.382 $39400 and fly to $43k (unlikely)
The main conclusion from all these options, which you are now ready for, is to buy in parts and on reversal formations on large TFs from 4h with a stop behind support levels
It is easier to work short in this situation, but you should be careful with longs.
✅ Telegram channel t.me/tradingsigmaclub more info here
