We hope that the market has already processed the news related to the Fed's actions and statements and has calmed down a bit.
So we can try a conservative trade of buying Bitcoin: Entry $18651 Stop $18089 (-3%) Take profit $21444 (+14.98%) P/L ratio 5/1 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
Hello, bro! Thanks for sharing your idea, but I disagree with you. If we will see the pump as you pointed out, price will stop only above 28k. My opinion is drop below 17.500 to create the panic and the insane long also. Here is what I am thinking:
cautiousMoth99820
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nope, fighting the trend is the same as fighting fed.
cryptospawn
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@cautiousMoth99820, agreed. BTC is totally obeying the long term trendline so far and I don't see it breaking that trend to the upside for now. In order for BTC to reach 21,444 it has to climb way over the long term trendline. Can it do it? Sure, on any given day. BTC is totally manipulated so anything goes. Is it probable? No, that's highly unlikely because there is more money in NOT bringing that to fruition.
edwin1805
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i expect a sharp sell on BTC. Downside target of 15800 with SL of 20400
FieryTrading
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Good analysis, however I'm bearish
shmaiz
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thx for sharing the idea but the target you mention is illogical. logical target should be 19.5k-20k which is next resistance. which takes the trace ratio down. Just my thought.
AtlasTrades
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great lovely buddy, I think you are right about btcusdt
YMGroup
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thanks for sharing your great btcusdt idea, I agree with you
My opinion is drop below 17.500 to create the panic and the insane long also. Here is what I am thinking: