Good afternoon. I'm new to Binance Square and I'm still learning how the platform works, so I apologize in advance if I screw up any buttons or make any rookie mistakes, hehehe. I hope you will forgive me and advise me on the correct path to follow.
I'm good at technical analysis, I've known it for many years, although I haven't operated it in a long time. As I am getting back into the world, I would like to continue practicing and following the results.
I have analyzed the first analysis of BTC/USD, in Weekly, Daily and H4. Marking the buy zones, where I plan to put positions, maximums, minimums and relevant volume...
$BTC In Weekly, we can see the complete price structure of the last 3 years. The highs established at 69,200 in November 2021 were surpassed in recent weeks.
From November 2021 to November 2022, the price established a downward trend, reaching minimums of 15,476 USD.
Since then, the price has maintained an uptrend, setting a new all-time high at $73,777.
On a daily basis, we can clearly see the upward trend of recent years. Breaking historical highs and setting its highest price at 73777 USD.
H4, the levels that interest us in the short term and the latest price structure.
Shopping Area: From 60932 to 62958
Resistance: 73196
Volume: 66824 and 69390
My Trading Strategy:
Since I'm miserable, I just started and I have no money, I'm going to start buying different assets, to make Earn and Launchpool in which I can participate. (I accept rabbits and recommendations to invest in these platforms)
My first order: Buy Limit BTC/USDT BTC Price: 65920 Amount: 10 USDT
From here, the idea is to accumulate BTC and buy 10 USDT with limit orders at the following levels: 61030, 59215 and 46513.
I know that the amount invested is very small, but it doesn't give me much more. Comments, constructive criticism and even donations from a charitable soul are welcome.
A big hug and thank you very much.
