How I trade a range like tonight's, without chasing the middle. 📚
First, mark the edges before you mark an entry. Tonight that is 77,303 support and 78,134 resistance for Bitcoin, inside the wider 75,469 to 80,518 band. Second, buy near support or sell near resistance only, never in the middle where risk and reward are both bad. Third, place the stop just beyond the edge you are trading from, so a clean break kills the idea fast. Fourth, take partial profit at the opposite edge instead of hoping for a breakout that may not come. 💡 Fifth, cut size in half while fear sits at 34, because range trades fail more often when sentiment is weak. This plan will not win every trade, but it stops one sideways week from becoming a blown account.
Which range mistake costs you most, chasing the middle, or holding past the break? 🤔
Follow for more trades.
#Crypto #Bitcoin #FuturesTrading #TradingSignals #CryptoEducation
First, mark the edges before you mark an entry. Tonight that is 77,303 support and 78,134 resistance for Bitcoin, inside the wider 75,469 to 80,518 band. Second, buy near support or sell near resistance only, never in the middle where risk and reward are both bad. Third, place the stop just beyond the edge you are trading from, so a clean break kills the idea fast. Fourth, take partial profit at the opposite edge instead of hoping for a breakout that may not come. 💡 Fifth, cut size in half while fear sits at 34, because range trades fail more often when sentiment is weak. This plan will not win every trade, but it stops one sideways week from becoming a blown account.
Which range mistake costs you most, chasing the middle, or holding past the break? 🤔
Follow for more trades.
#Crypto #Bitcoin #FuturesTrading #TradingSignals #CryptoEducation
