After major market moves like what we just saw I tend to let the bigger picture unravel a bit more before I enter any new trades. We were rejected off of our macro trend line and are now resting in a small level of support between 19,500 - 20,100
Our next major support level is 18,500 - 19,000 if we break down through that trend I'm expecting anywhere from 15,000 to 17,000 to be the next price target. We COULD go as low as 12,000 by the end of the year. That would also be a worst case scenario. Our trend continues downward for the time being. Let's see where the next week takes us.
All trades in the space I had opened are closed and posted on my Trading View profile. I am currently reserving my USDT / USDC for my next positions. Hope you guys enjoyed the last set I posted.
Please ask any questions you have on this post.
BTC + 50% profit
ETH + 80% profit
FTM + 80% profit
ALGO + 70% profit
MATIC +40% profit
BNB + 30% profit
XRP + 50% profit
Our next major support level is 18,500 - 19,000 if we break down through that trend I'm expecting anywhere from 15,000 to 17,000 to be the next price target. We COULD go as low as 12,000 by the end of the year. That would also be a worst case scenario. Our trend continues downward for the time being. Let's see where the next week takes us.
All trades in the space I had opened are closed and posted on my Trading View profile. I am currently reserving my USDT / USDC for my next positions. Hope you guys enjoyed the last set I posted.
Please ask any questions you have on this post.
BTC + 50% profit
ETH + 80% profit
FTM + 80% profit
ALGO + 70% profit
MATIC +40% profit
BNB + 30% profit
XRP + 50% profit
Comment:
This is not to say there are no opportunities. It's just for my own strategies.
