Technical analysis by traderhelper_ok about Symbol BTC: Buy recommendation (11 hour ago)

Bitcoin is currently respecting this ascending trendline on the 4H chart. As long as price holds above this purple line, the local bullish structure remains intact. However, a breakdown below this level would signal a potential trend reversal. 🛑 REALITY CHECK: Technical analysis is only 20% of the game. The other 80% is Risk Management. Whether BTC bounces or breaks this line, you will lose money if you don't calculate your position size correctly based on your Stop Loss. Don't guess your lot size. Calculate it. 📱 I use my personal tool 'TraderHelper' to calculate the exact position size and fees automatically before every trade. 🎁 It's a free Web App. You can find the access link in my TradingView PROFILE or on my Instagram ( traderhelper_ok ). Trade safe!