12 days ago, BTC Daily faced rejection, whereas the 6-hour chart appears stable. Currently, the price is hovering at the support level. However, come Monday, the situation could shift, regardless of the direction.
If Bitcoin rallies to the lower support in daily, will your position remain secure? If not, you may be overexposed!
Many new traders make this mistake routinely, ultimately becoming targets for liquidation engines. I recognize that these dips, if they occur, present opportunities. I understand that I might not be able to time the exact bottom perfectly, so I take action by laddering in and increasing my exposure during downturns. I am holding a few leveraged positions with low leverage, and I plan to do the same. It's very important to manage risks when the Altcoin market is about to go parabolic!
#bitcoins #AltcoinGems
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