Pretty certain nobody "wants" to hear this, but, here's what's likely about to happen.
BTC's been sitting ant the top of that most recent run for too long without retracing. The longer it sit's, the more likely it is it'll retrace really sharply. Remember those famous dumps? The ones that end trading careers (and likely at least a few marriages). That's what I suspect is coming.
It won't last very long, however, so if you're in a long position that's in the money, take some profit and short this sucker.
Re-entry ~$27800
BTC's been sitting ant the top of that most recent run for too long without retracing. The longer it sit's, the more likely it is it'll retrace really sharply. Remember those famous dumps? The ones that end trading careers (and likely at least a few marriages). That's what I suspect is coming.
It won't last very long, however, so if you're in a long position that's in the money, take some profit and short this sucker.
Re-entry ~$27800
Comment:
It starts.
Trade closed manually:
Gonna call this trade..
Please close shorts..
Please close shorts..
As always, if you're trading on these signals, keep an eye out for updates as the trade progresses.
I prefer calling it on the fly to using the crystal ball method.
If you do get in and want to play it safe, set your TP ~$28600 and don't get back in before it's safe to go long. Should be decent profit even if you're just looking to have fun with a small position at a high leverage.
Let me know how it goes or if you're interested in DM trade support.