Update IDEA on BTC/USDT Buy
Sure! Here's a revised version of the conversation with some additional information:
BTC seems promising for buying up. If you haven't joined yet, please wait. I would recommend considering a pending buy at the zone that I marked around 32300 TP.
Based on what I've seen so far, etc. style is that once they break, they break crazy. If you come from the forex world, don't expect it to be like gold or fx. Bitcoin is a different market altogether, and it's important to keep that in mind when making trading decisions.
Most big traders on Bitcoin play at the 4H/day entry. However, it's worth noting that my trading style is a bit different. My control timeframe is H4 and Daily, and I will not trade against it. If you are a scalper, you may enter with a lower timeframe. I use a lower H4 timeframe for entry with trend following only. I control my risk-reward ratio at around 3-5 and do not enter if the ratio is 1:1 or 1:2. The main criterion is ChoCh on the 4H timeframe, and the entry point should at least coincide with Fibonacci.
As for me, if there is ChoCh, it must be me. I love to learn every day and improve my trading performance. It's important to always be looking for ways to learn and grow in this field, as it can be quite competitive.
I hope that this information is helpful to you! Please let me know if you have any other questions or concerns, and don't forget to give a thumbs up if you found this useful.
Best regards,
Chocolate Trader
ROME
BTC seems promising for buying up. If you haven't joined yet, please wait. I would recommend considering a pending buy at the zone that I marked around 32300 TP.
Based on what I've seen so far, etc. style is that once they break, they break crazy. If you come from the forex world, don't expect it to be like gold or fx. Bitcoin is a different market altogether, and it's important to keep that in mind when making trading decisions.
Most big traders on Bitcoin play at the 4H/day entry. However, it's worth noting that my trading style is a bit different. My control timeframe is H4 and Daily, and I will not trade against it. If you are a scalper, you may enter with a lower timeframe. I use a lower H4 timeframe for entry with trend following only. I control my risk-reward ratio at around 3-5 and do not enter if the ratio is 1:1 or 1:2. The main criterion is ChoCh on the 4H timeframe, and the entry point should at least coincide with Fibonacci.
As for me, if there is ChoCh, it must be me. I love to learn every day and improve my trading performance. It's important to always be looking for ways to learn and grow in this field, as it can be quite competitive.
I hope that this information is helpful to you! Please let me know if you have any other questions or concerns, and don't forget to give a thumbs up if you found this useful.
Best regards,
Chocolate Trader
ROME
