Today we are here to talk about BTC Bitcoin
Today: Bitcoin is trading at 46,120. And in the last trading week, we saw price stabilization without any major correction. In general, there is a positive mood in the crypto market globally, which allows us to say that the current correction is caused by the desire to take profits. However, in my opinion, the market has all the prerequisites for growth to the level of 52,000.
What's on the market now:
Although the market is now in the profit-taking phase. It's still too early for us to talk about a correction. Although of course our plan should take into account the bottom at 41,000.
So what are we waiting for today:
Today we are waiting for the exit from the current lateral state.
What I recommend:
If you want to open short:
You can open short positions from 47800 limiting your risks. And then translate them to 0 or limit them to the last peak.
If you want to buy:
I recommend opening long positions from 45,000 (speculative entry) while limiting your risks, transfer them to 0, or limit losses to the last bottom. Do this to try to buy again at 41,000.
And yes, please don't forget to like. This greatly motivates me to share my trading ideas and market knowledge.
Also remember to contact me in 1 or 2 days for further trading advice.
I hope these tips were helpful to you, let me know in the comments below and don't forget to subscribe to my channel.
I post selected reviews every day, so check back tomorrow!
See you next time!
Bye!
Today: Bitcoin is trading at 46,120. And in the last trading week, we saw price stabilization without any major correction. In general, there is a positive mood in the crypto market globally, which allows us to say that the current correction is caused by the desire to take profits. However, in my opinion, the market has all the prerequisites for growth to the level of 52,000.
What's on the market now:
Although the market is now in the profit-taking phase. It's still too early for us to talk about a correction. Although of course our plan should take into account the bottom at 41,000.
So what are we waiting for today:
Today we are waiting for the exit from the current lateral state.
What I recommend:
If you want to open short:
You can open short positions from 47800 limiting your risks. And then translate them to 0 or limit them to the last peak.
If you want to buy:
I recommend opening long positions from 45,000 (speculative entry) while limiting your risks, transfer them to 0, or limit losses to the last bottom. Do this to try to buy again at 41,000.
And yes, please don't forget to like. This greatly motivates me to share my trading ideas and market knowledge.
Also remember to contact me in 1 or 2 days for further trading advice.
I hope these tips were helpful to you, let me know in the comments below and don't forget to subscribe to my channel.
I post selected reviews every day, so check back tomorrow!
See you next time!
Bye!
