đ¨ BTCUSDT 4H â Close LONG at the 70K area, don't try to endure the punches at this stage
Current 4H chart:
The price is approaching strong resistance at 70K â 70.5K
Coincides with the resistance area
đ Those holding LONG from the lower area should gradually take profit around 70K.
It's easy to sweep liquidity before deciding the next direction
đŻ Next scenario
1ď¸âŁ Strong breakout above 71K (clear 4H candle close)
đ Only then look for LONG entry again according to the continuing trend.
2ď¸âŁ Rejected at the 70K â 71K area
đ Consider SHORT entry at the current area with better RR.
đ Strategy summary
â Close LONG around 70K
đź Break 71K â look for LONG again
đ˝ Strong reject â look for SHORT
The market always provides a second opportunity.
No need to trade every candle.