As we can see here, the market bias is quite clear, short, and the behavior of the BTC is swell quite clear, it is coming again to retest the downside trendline.
Following BTC patterns, we should successful trying this 1:3 trade, however, BTC sometimes could be very volatile, and that's why I don't try swing trading or scalping.
If we see here, BTC each time that has made a significant higher high, then, comes to restest the previous significant higher high, so, in this scenario, is very clear, the significant higher high is on 1000$ region, where I expect to close the trade, and start accumulating, the region of 1000$-2000$ is for me, the proper region where to accumulate.
Disclaimer: I do not feel responsible if you lose or make money, it is just my opinion.
Following BTC patterns, we should successful trying this 1:3 trade, however, BTC sometimes could be very volatile, and that's why I don't try swing trading or scalping.
If we see here, BTC each time that has made a significant higher high, then, comes to restest the previous significant higher high, so, in this scenario, is very clear, the significant higher high is on 1000$ region, where I expect to close the trade, and start accumulating, the region of 1000$-2000$ is for me, the proper region where to accumulate.
Disclaimer: I do not feel responsible if you lose or make money, it is just my opinion.