Bal4nc

$BTC update - 1 more correction before moon!

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
RSI D once again approaching 50, but at this time, it shows their weakness by not strike through 50 but have a small delay here. Compare to the previous two, it just take 1-3 days before RSI can break 50.

So at this time, i suppose the uptrend will not last long, approximately with in 2021. Reaching maximum of 55k then have the last retracement to 42k again and completed the ABC retracement wave.

I will close all my futures positions and unload 50% spot at the price of 55K, expecting to buy back at around 42k or 60k if my plan was fail!

These are some that i would love to focus:
Defi: AAVE, COMP, DYDX, UNI
Layer1: ALGO, CHR, ETH, BNB, AVAX, NEAR, SOL, LUNA

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.