Entering the futures market is one of my favorites, in the futures market of course there are several techniques that can be used, it is very impossible to learn all of them, and among the several techniques that can be used there are also their respective disadvantages, this time I try to analyze bitcoin for the next few days, can be seen in the image below.
I have 2 entry areas, the first is the closest to the current price and the second is at the top, I hope the market can retest so I can enter it, it might feel confusing for the current price because the price is still slow, there is no significant price movement to determine which direction the market is going?
Why do I have 2 entry areas?
First area: usually the price that has broken support will return to the support area that has been broken or forms an SBR to continue its downward trend.
Second area : this is the area that I will enter if there is a failure in my first entry area, this is my habit. I always make the second strategy if the market goes according to plan.
Many things will happen in the market, I know that the market will not stop in the area that I have made, it is possible that the market will decline again in the future without doing a retest, as the market goes down, I will look for my entry buy area.
This is my hive post tonight as well as my diary in studying the market.
Best regards @razzor