Long

NULS / Bitcoin | Buy and Sell Strategy

431
Price going in Sideways channel. We can follow up prices and buy near supports, which I will use as buy strategy
minor support 3900 (15% of position size)
major support 3500 (50% of position size)
Additive support levels at 3290 and 2970 (rest% of the position size)
Place stop loss orders exactly near supports to avoid loss.

For sell, I will follow resistance zones at
4700 (50% of position size) and 5100 (30% position size)
If more flow will come I will keep about 20% of initial position for next resistances at 6500 and 8100.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.