[12/01]Today's bitcoin trading strategy. - mudang'

in #bitcoin2 months ago (edited)

Today's Strategy
Bitcoin is highly volatile, fluctuating between $91,000 and $97,000, making a breakout strategy using support and resistance levels effective. Use RSI and MACD indicators to buy in oversold zones and sell in overbought zones. Pay attention to increasing trading volume and ETF-related news. Set a risk-to-reward ratio of 1:2 to manage risks effectively. Focus on short-term fluctuations, strictly adhering to stop-loss levels. Today, closely monitor market trends during the U.S. trading session and limit trades to 3–5 to avoid overtrading.

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