#cryptotradingpro #bitcoin
$BTC /USDT: Why sitting on your hands is also a profitable position 🛑📈
Every novice trader thinks that if the chart is open, you need to enter the position right now. The result of such "entries out of boredom" is a scattered deposit in the center of the range.
Analyzed the current situation on Bitcoin (BTCUSDT) using the Infinity and VSA strategy checklist:
📌 What we have now ($63,540):
1. Context: On H4 we have a local downtrend, and on H1 - a decline after the reaction from the bottom of $62,228. The price is trapped in the sidewall.
2. Indicators: According to Bollinger / Infinity, the price is hanging exactly in the middle between $63,200 and $64,000. RSI on H4 is 51 (absolute neutrality), MACD is "sleeping".
3. Volumes and OI: Open interest is falling (from 111K to 109K), volumes are fading. There is no impulse player in the market.
‼️ Verdict — SETUP: WAIT (NO TRADE)
Entry at the current point is a roulette with Risk/Reward less than 1:1 and high risk of catching the "stop" in both directions.
📋 Action plan (waiting for a reaction at the limits):
🔴 Option 1: SHORT from $63,900 - $64,100
Condition: Approach to upper resistance, pin bar formation / absorption on H1 and VSA volume drop.
Stop Loss: $64,320
Take Profit: $63,200 (conservative) / $62,300 (aggressive)
R:R: > 1:2.5
🟢 Option 2: LONG from $62,900 – $63,050
Condition: Decrease to support, formation of a bullish pattern on 15m/H1.
Stop Loss: $62,650
Take Profit: $63,800
R:R: > 1:2.1
⚠️ Rule of the day: No signal at the channel border — no deal. Discipline and risk management are the main things! 🎯
$BTC /USDT: Why sitting on your hands is also a profitable position 🛑📈
Every novice trader thinks that if the chart is open, you need to enter the position right now. The result of such "entries out of boredom" is a scattered deposit in the center of the range.
Analyzed the current situation on Bitcoin (BTCUSDT) using the Infinity and VSA strategy checklist:
📌 What we have now ($63,540):
1. Context: On H4 we have a local downtrend, and on H1 - a decline after the reaction from the bottom of $62,228. The price is trapped in the sidewall.
2. Indicators: According to Bollinger / Infinity, the price is hanging exactly in the middle between $63,200 and $64,000. RSI on H4 is 51 (absolute neutrality), MACD is "sleeping".
3. Volumes and OI: Open interest is falling (from 111K to 109K), volumes are fading. There is no impulse player in the market.
‼️ Verdict — SETUP: WAIT (NO TRADE)
Entry at the current point is a roulette with Risk/Reward less than 1:1 and high risk of catching the "stop" in both directions.
📋 Action plan (waiting for a reaction at the limits):
🔴 Option 1: SHORT from $63,900 - $64,100
Condition: Approach to upper resistance, pin bar formation / absorption on H1 and VSA volume drop.
Stop Loss: $64,320
Take Profit: $63,200 (conservative) / $62,300 (aggressive)
R:R: > 1:2.5
🟢 Option 2: LONG from $62,900 – $63,050
Condition: Decrease to support, formation of a bullish pattern on 15m/H1.
Stop Loss: $62,650
Take Profit: $63,800
R:R: > 1:2.1
⚠️ Rule of the day: No signal at the channel border — no deal. Discipline and risk management are the main things! 🎯