Bitcoin in LImbo

1 Apr 2022

btc #bitcoin Love to see that V recovery and a H4 close above Year open. It is holding for now and would like to see a push back above GP before EOD.

For now, 46.8 is the roadblock to 50k. In limbo between Year open at 46.2 and 46.8. Let's see who wants it more...

Both paths listed depending on where the next H4 closes lands.

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Top 10 trading tips:
1. DO NOT FOMO into a trade. Let it come to you. Don’t force it.
2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind.
3. Let your winners run and cut your losers short.
4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win!
5. Before you enter a trade, know your target AND your exit strategy.
6. Never use just 1 indicator for confirmation.
7. Set Perimeters and remove emotions from the equation. (stop loss, take profit levels, etc)
8. Don't fight the trend. The trend is your friend.
9. Price Action greater than Indicators/Fractals/MAs
10. Horizontals greater than Diagonals

Please Note:

- This is not financial advice.
- I do not take every trade I post.
- Never trade off of someone else's chart until you DYOR!