Trade-Journal

📉DECISION TIME FOR BITCOIN! 17/4/24

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BYBIT:BTCUSDT.P   BTCUSDT Perpetual Contract
📉 Watching closely as we break support levels on the shorter timeframes within our 30+ day range. If my long position starts to turn bearish, I'll exit. This might signal a downward move to test the range's low. If we manage to close above a critical point, I'll consider reducing risk on my long.

However, there are challenges ahead, like encountering resistance from recent highs and a significant supply zone on the 2-hour chart. If market structure aligns, it could present a good opportunity for a short-term scalp trade. 📉📈

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