Hi friends! It`s a rare thing when almost 3 huge support are concentrated at the same price level. Of course, it`s a chance for the long traders to open a long there, because the traders will hold this price and don`t let the price fall lower.
๐ Preconditions to open a long:
๐ฅ test the trendline, $264-274 value area and $277 key level as support
๐ฅ volume growth which shows the additional purchase by the big players and that the small one sell their coins
๐ฅ DOM and Footprint are the tools which helps me to identify the whales BUY orders wall. The whales orders very often reverse the price. Also, We can open pur long with short stop loss and highest RR
๐ฅ squeeze to the trendline
๐ฅ bullish BTC
๐ The targets:
1. $300-310 - the value area
2. $338 - the key level
๐ปFriends, press the "boost"๐ button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
๐ Preconditions to open a long:
๐ฅ test the trendline, $264-274 value area and $277 key level as support
๐ฅ volume growth which shows the additional purchase by the big players and that the small one sell their coins
๐ฅ DOM and Footprint are the tools which helps me to identify the whales BUY orders wall. The whales orders very often reverse the price. Also, We can open pur long with short stop loss and highest RR
๐ฅ squeeze to the trendline
๐ฅ bullish BTC
๐ The targets:
1. $300-310 - the value area
2. $338 - the key level
๐ปFriends, press the "boost"๐ button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
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