We talked about this on last weeks video where the fibonacci level of 8500-8600 was a major BUY entry for those of you looking at longer time frames.
RSI = OVERSOLD on 1HR + 4HR
MACD = LOW and waiting to cross up
This is a fantastic entry with 7 to 1 Risk/Reward and tons of confirmation.
Even if this trade fails...we covered portfolio risk management on the previous video.
Typically not a BTC buyer/holder but this trade was too obvious.
Hopefully this video helps explain why this BTC setup is a no-brainer to take and see....
RSI = OVERSOLD on 1HR + 4HR
MACD = LOW and waiting to cross up
This is a fantastic entry with 7 to 1 Risk/Reward and tons of confirmation.
Even if this trade fails...we covered portfolio risk management on the previous video.
Typically not a BTC buyer/holder but this trade was too obvious.
Hopefully this video helps explain why this BTC setup is a no-brainer to take and see....
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