$BTC Hedge Long was Stopped out with a -0.5% Loss.



Risk was lower on this one due to it being a low confluence trade.

Now that we have broken below the Weekly S/R level, I will be looking for a tap into the 70.4k-68.8k region. This is the stronger area of support where we are more likely to see a bounce coming from.

I will be looking for a re-entry long from that region while also securing some profits from the Swing Short we're holding, as mentioned in the previous update
BTC-2.61%
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GateUser-f49a50d4
· 1h ago
Low-confidence trading to control risk is correct; now waiting for the range to stabilize.
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GateUser-3d750846
· 2h ago
Support around 68.8k has been marked for a long time; watching for a rebound.
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WatercolorInAGlassBottle
· 2h ago
It has been washed out, but if the risk control is good, wait for the next structure.
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GateUser-0d1088ad
· 2h ago
70.4k–68.8k is a dense trading zone; I agree we can try to bet on a rebound here.
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GateUser-3e7da866
· 2h ago
Swing short profit, and then entering more longs at low levels—this rhythm feels comfortable
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NightFlightPaperCrane
· 2h ago
Weekly S/R has been broken; if this wave of pullback is deep enough, it is indeed a good entry point.
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