So much regarding BTC lately from both sides.... The Halvening....Hashrates....Miner costs...Deflationary rates...Safe Havens...and on and on...... No one knows....MOST CERTAINLY not anyone you're going to talk to on Twitter/TV/Discord....I don't care how many followers they have, or what size orders they use. No. One. All you can hope for in this game, is a quality "If this, then that" type strategy....
In my last post "BTC for those trading lower tf's.." I said I see us ranging between 8.4 and 9450 or so....we still are. Quickly approaching the 8.4 as I post this....It also coincides with this bottom Orange TL, for those of you into that.
Nothing has changed essentially for my view of this chart/tf....Let's see how 8.4 reacts. If she holds, perhaps some of you "scalpers" would choose to ride the range back up, with a SL below whatever swing we put in....If she breaks(4hr close min), well, I'd short, as previously stated. If we see a strong reaction at the level from the bulls, well perhaps they're going to run us up to/past that 9450 level.......
If....If.....get used to that word. Use that word. It's a powerful word. It keeps you adaptable, and agile...but not without a plan. You'll be able to be both quick, and decisive.
As always, practice solid risk management, good luck, and have fun.