1. Entry Zone:
You're not dumping your entire liquidity at one price. Since the price is currently 78,715 and above the 200-day moving average (EMA 200 in the green line), you're in a relatively safe accumulation zone.
Action: You can enter a portion now and wait to add more if the price tests the 200 MA at the 69,000 levels.
The coach's advice to you as a patient trader:
Your biggest enemy isn't the market, but rather the desire to do something. In position trading, most of the time you do nothing; you just observe.
Warning: Since your risk is 5%, don't open swing trades or intraday trades that eat into your liquidity; focus your energy and patience on this big trade.
Are you ready to set your alerts at distant levels (like 68k as support and 120k as a target) and step away from the screen for a while?$BTC
The coach's advice to you as a patient trader:
Your biggest enemy isn't the market, but rather the desire to do something. In position trading, most of the time you do nothing; you just observe.
Warning: Since your risk is 5%, don't open swing trades or spot trades.
You're not dumping your entire liquidity at one price. Since the price is currently 78,715 and above the 200-day moving average (EMA 200 in the green line), you're in a relatively safe accumulation zone.
Action: You can enter a portion now and wait to add more if the price tests the 200 MA at the 69,000 levels.
The coach's advice to you as a patient trader:
Your biggest enemy isn't the market, but rather the desire to do something. In position trading, most of the time you do nothing; you just observe.
Warning: Since your risk is 5%, don't open swing trades or intraday trades that eat into your liquidity; focus your energy and patience on this big trade.
Are you ready to set your alerts at distant levels (like 68k as support and 120k as a target) and step away from the screen for a while?$BTC
The coach's advice to you as a patient trader:
Your biggest enemy isn't the market, but rather the desire to do something. In position trading, most of the time you do nothing; you just observe.
Warning: Since your risk is 5%, don't open swing trades or spot trades.