This order can actually be placed again; there might be significant fluctuations tonight during Powell's speech, and the chances of it going in are quite high. However, there are some risks with Powell, so don't go too heavy on the position.


Bitcoin
Direction: Go Long
Entry: Around 112400
Confidence Level: Medium
Multiplier: 10x
Position: 10%
Take Profit: Level 1: Around 114000 (conservative) Level 2: Around 116000
Stop Loss: Slightly dropped below 111400
Reason: The 112,000 neckline resistance support is good, the probability of a rebound is quite decent, and there is even a possibility of forming a larger rebound, worth a try, keep an eye on false breakdowns that recover. If it is a genuine breakdown, then it will be quite dangerous, we will see at that time.
Note: Do not place limit orders at whole numbers, as they are difficult to execute. It's easier to execute orders a bit above the support level or a bit below the resistance zone. Currently, due to many false breakdowns and false breakouts, in order to prevent this situation, let's set the stop loss a bit higher, lower the profit-loss ratio, and significantly increase the win rate for trading.
BTC2.12%
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TruthAllahvip
· 08-22 09:58
Hurry up and enter a position! 🚗
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