⚠️ #MARKET #TRADING ⚠️
Since Bitcoin big DUMP there is FUD everywhere in the market but altcoins were going up even when BTC sideways. So control your trades with reasonable risk management.
Most Majors Coins were Near Horizontal Supports this morning so ⛔️ Stop-Loss = ON
#Bitcoin Weekly candle closed weak and bearish. we couldn't break our first resistance area at the 46000$ zone and BTC is consolidating above 48000$ which is not a positive sign for us. We're not bearish until we're above our Crucial Bull Support area (42000~43000$) there is still a chance for a bounce back to +47 600$ (EMA200).
⛔️ BITCOIN STOP LOSS: 42000$
📈 Resistances: 45000 - 46000 - 48000
📉 Supports: 43275 - 42000 - 41000
Be Smart, Stay Safe, and manage Your Risks.
Since Bitcoin big DUMP there is FUD everywhere in the market but altcoins were going up even when BTC sideways. So control your trades with reasonable risk management.
Most Majors Coins were Near Horizontal Supports this morning so ⛔️ Stop-Loss = ON
#Bitcoin Weekly candle closed weak and bearish. we couldn't break our first resistance area at the 46000$ zone and BTC is consolidating above 48000$ which is not a positive sign for us. We're not bearish until we're above our Crucial Bull Support area (42000~43000$) there is still a chance for a bounce back to +47 600$ (EMA200).
⛔️ BITCOIN STOP LOSS: 42000$
📈 Resistances: 45000 - 46000 - 48000
📉 Supports: 43275 - 42000 - 41000
Be Smart, Stay Safe, and manage Your Risks.