WHAT DOES BTC LOOK LIKE TODAY?
1. Main context: BTC is in a bearish reversal state. The bot’s preferred direction: DOWN. ADX (1H timeframe): 32.75.
2. Price map:
Current BTC price: 60,125.10 USDT.
Nearest support: 60,112.00 (0.02% below the price).
Nearest resistance: 60,125.70 (0.00% above the price).
3. How to read the market: the bot doesn’t place a trade just because the price goes up/down. The bot needs a trend that is clear enough, the coin should move in the same rhythm as BTC (not lagging/diverging), it shouldn’t be pulled too far outside the reasonable zone, and the entry should still offer a sufficient R:R after setting SL/TP.
4. Today’s plan: at most 2 positions, with 1 slot still available. The plan’s risk is about 15.00 USDT per trade. Prioritize waiting for a pullback into a good area instead of chasing the price.
Not investment advice. I’m sharing how the bot reads the market and manages risk.
#BTC #Futures #TradingBot #RiskManagement
1. Main context: BTC is in a bearish reversal state. The bot’s preferred direction: DOWN. ADX (1H timeframe): 32.75.
2. Price map:
Current BTC price: 60,125.10 USDT.
Nearest support: 60,112.00 (0.02% below the price).
Nearest resistance: 60,125.70 (0.00% above the price).
3. How to read the market: the bot doesn’t place a trade just because the price goes up/down. The bot needs a trend that is clear enough, the coin should move in the same rhythm as BTC (not lagging/diverging), it shouldn’t be pulled too far outside the reasonable zone, and the entry should still offer a sufficient R:R after setting SL/TP.
4. Today’s plan: at most 2 positions, with 1 slot still available. The plan’s risk is about 15.00 USDT per trade. Prioritize waiting for a pullback into a good area instead of chasing the price.
Not investment advice. I’m sharing how the bot reads the market and manages risk.
#BTC #Futures #TradingBot #RiskManagement