BTC/USD Local work. Clamping 2.37%/18 days. Stop-Loss zones
2023-01-04
Category: None

Logarithm. Time frame 1 day. Local trend.

Clamping the price in a narrow range of 2.37% for 18 days. Stop-Loss zones (market fuel), due to which the impulse will occur, was shown on the chart. Previously showed more than once such trading situations and their solutions, the sense of such manipulation in such zones. I will not repeat it.

In your work to observe the risk management, it is advisable not to work with large leverage because there can be significant volatility in both directions. Instead of a logical profit in the trend, you will get a loss on the spot.


 237/18 

 A line chart  to understand the trend direction of this zone.



The previous idea of a secondary trend of two months ago, which shows this zone  1618 0

 BTC/USD Secondary trend. Double bottom zone. 



 The main bitcoin trend  (almost all of it). The time frame is 1 month.


 BTC/USD Main trend. Cycles. Halving BTC. Surrender zones. 


This idea of a long-term trend shows capitulation zones in secondary trends and the percentage of price decrease from the highs. Bitcoin's halving. Cyclicality. Note that unlike past cycles, the price has been under the uptrend line zone for a very long time.