Following up from the prior publications for my short entry's i wanted to elaborate on target zones specifically.
At present
TP 1
$19300-18300
TP 2
$17300-$16200
Upon those areas being reached i am leaning towards a long for the TP2 area if at that moment the opportunity arises, WHY
because i don't see the major crash to 10-12k occurring yet, that is for September. This drop is a shaking out of retail positions.
On a seperate note - do not think BTC cant go to any certain price/stay low, it can and likely will hit a low number that very few expect - 7-9k is not to be a surprise eventually but of course those moments will be brief and great buying opportunities.
Good luck
Asset Mastery
At present
TP 1
$19300-18300
TP 2
$17300-$16200
Upon those areas being reached i am leaning towards a long for the TP2 area if at that moment the opportunity arises, WHY
because i don't see the major crash to 10-12k occurring yet, that is for September. This drop is a shaking out of retail positions.
On a seperate note - do not think BTC cant go to any certain price/stay low, it can and likely will hit a low number that very few expect - 7-9k is not to be a surprise eventually but of course those moments will be brief and great buying opportunities.
Good luck
Asset Mastery