Helical_Trades

BTC/USDT : Looking for Longs below 19K

Giá lên
BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
BTCUSDT BTCUSDT.P
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!

$BTC has broken below the pennant and fell as low as $18500.
Now as it's formed a V pattern pullback, I'm planning to locate a Long here with an invalidation below the local low.
The entries are divided into three points and so, It'll guarantee that we won't lose the chance to enter and the possible stop-hunts to enter lower!

However, If we get caught on SL, Then it'll be low likely to have a sweep below the current lower low near $17600 and then experience the pullback above $20000.

- Be noticed that the bigger picture is still bearish in the Mid-Term and Long-Term, But we can expect the bounce one more time in the Short-Term...

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Attention: this isn't financial advice we are just trying to help people with their vision.

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@Helical_Trades

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