Hello traders. a look into the overall market of BTC and trade plan. As i always said we follow the chart and we speculate both directions in the market, from th chart we can see the price is expected to correct or pullback to support areas for a continuation to the upside. we are still bullish but most often we get carried away with the bullishness at the top. from the chart we can our levels of retracement and likely support areas we expect price to get to in case of its bearishness . we should be prepared for both directions and don't allow emotions to drive your portfolios. for further bearishness we should look at the likely support areas for a bounce.
Fundamentals
Lots of news once markets dips and most cases we attach it to different scenerios.. elon mask . china ban.
China banned cryptos in 2013. 2017 and most cases the market dips and which is not different from happenings now. from the chart we are still bullish... Dont be fooled by these activities. the futures will always want to buy the bullish bears to make profits. so guys for me i will consider more buy opportunities.
thanks.
tradehung,
Fundamentals
Lots of news once markets dips and most cases we attach it to different scenerios.. elon mask . china ban.
China banned cryptos in 2013. 2017 and most cases the market dips and which is not different from happenings now. from the chart we are still bullish... Dont be fooled by these activities. the futures will always want to buy the bullish bears to make profits. so guys for me i will consider more buy opportunities.
thanks.
tradehung,