220418 BTCUSD Analysis (Reversal risk entry at the baseline)

Hi guys. Bitcoin has shown some volatility as soon as the market opened.






1h: Downtrend reversal strategy can be used at the bottom baseline.

Indicator like RSI was used to find the entry price.

1hour RSI baam in the pivot area is expected.

1% risk was used and planning to scale out the position.

Additional position can be considered if the price forms an obvious structure.

Thanks.