Bitcoin is currently trading in a short-term range, and there are signs of a breakout. If we see momentum above resistance in the next 4 to 6 hours, a long entry could be on the table, while in the case of rejection, we can short scalp near support. Volume confirmation prior to entry is crucial.
Suggestion: Wait for a retest after the breakout for a safer entry.
⚠️ Disclaimer: This is not financial advice; make sure to do your own research before investing.
#Bitcoin #BTC #CryptoPakistan #Trading #Scalping #RiskManagement
Suggestion: Wait for a retest after the breakout for a safer entry.
⚠️ Disclaimer: This is not financial advice; make sure to do your own research before investing.
#Bitcoin #BTC #CryptoPakistan #Trading #Scalping #RiskManagement