ERROR OF THE DAY ❌
$BTC moving sideways: $83.474, between $80.394 (support) and $86.699 (resistance). RSI at 48.5 — neither overbought nor oversold, mixed trend.
The most likely mistake in this scenario: entering IN THE MIDDLE OF THE RANGE and trying to guess the breakout.
You buy at $83.5k, the price rises to $84.5k, then drops to $82.5k — your stop gets hit on both sides, two losses, no direction.
Why it costs money: stops get hunted in the middle of the channel. You enter without a statistical edge, and the risk isn't worth it.
Simple rule: in a range, either trade AT THE EDGES with confirmation from the close, or stay out. The middle of the range is where people lose money.
Risk management: never risk more than 1–2% of your capital per trade, and always set a stop. 🛡️
#Bitcoin #CriptoVisao #Trading
$BTC moving sideways: $83.474, between $80.394 (support) and $86.699 (resistance). RSI at 48.5 — neither overbought nor oversold, mixed trend.
The most likely mistake in this scenario: entering IN THE MIDDLE OF THE RANGE and trying to guess the breakout.
You buy at $83.5k, the price rises to $84.5k, then drops to $82.5k — your stop gets hit on both sides, two losses, no direction.
Why it costs money: stops get hunted in the middle of the channel. You enter without a statistical edge, and the risk isn't worth it.
Simple rule: in a range, either trade AT THE EDGES with confirmation from the close, or stay out. The middle of the range is where people lose money.
Risk management: never risk more than 1–2% of your capital per trade, and always set a stop. 🛡️
#Bitcoin #CriptoVisao #Trading