March 23 BTC Swing Trading Strategy
Long Plan: Set up long positions at the 68000 support level, stop loss at 67200, targets at 69500/70900/72000, with a risk-to-reward ratio of 1.8x. 68000 is a psychological round number and a previous dense trading zone, combined with oversold funding rates, there are technical rebound opportunities.
Short Plan: Set up short positions at the 70900 resistance level, stop loss at 71600, targets at 69500/68000/66500, with a risk-to-reward ratio of 2.1x. 70911 is a strong resistance that has failed multiple tests; if the rebound stalls here, you can short into t
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