HELLO Wonderful traders & welcome to the new month. The month of possibilities !!!!
This October, price will trade between ($50k to $42k); being the highest & lowest zones.
'With $50k acting as our very Strong RESISTANCE area & $42k now our Strong SUPPORT area.
All the action will be within this range. Now our job is to take good positions for our LONGS & SHORTS.
So we are waiting for price to come down (patiently on the retest) to place our BUY order, As I previously mentioned in my last chart (Titled: BTC UPDATE_BUY BUY).
We have a much more clearer option to wait for the price to hit the ceiling of $48k -to- $50k, & SHORT it (from $49,8k or $50k .... to $42,9k)
Yes b'cos in the BIGGER PICTURE price will swing high up & swing back low. But this won't happen either today or tomorrow.
Noo !!! It might be up to 1 week before this will happen.
We'll just prepare for it b'cos its inevitable.
So we'll wait for that b'cos its the biggest profit margin we can get & we have to remove all emotional sentiments & trade like pros.
Let's trade successfully & get those profits ✌🏽
Thanks
_Labiano50
_____________________________________________
What do you think of my full month analysis ?!!!
Like if you think the same or drop your opinion/observation in the comments section.
-------------------------------------------------------------------------
Pls take my chart analysis for what it is, which is for educational purposes
This October, price will trade between ($50k to $42k); being the highest & lowest zones.
'With $50k acting as our very Strong RESISTANCE area & $42k now our Strong SUPPORT area.
All the action will be within this range. Now our job is to take good positions for our LONGS & SHORTS.
So we are waiting for price to come down (patiently on the retest) to place our BUY order, As I previously mentioned in my last chart (Titled: BTC UPDATE_BUY BUY).
We have a much more clearer option to wait for the price to hit the ceiling of $48k -to- $50k, & SHORT it (from $49,8k or $50k .... to $42,9k)
Yes b'cos in the BIGGER PICTURE price will swing high up & swing back low. But this won't happen either today or tomorrow.
Noo !!! It might be up to 1 week before this will happen.
We'll just prepare for it b'cos its inevitable.
So we'll wait for that b'cos its the biggest profit margin we can get & we have to remove all emotional sentiments & trade like pros.
Let's trade successfully & get those profits ✌🏽
Thanks
_Labiano50
_____________________________________________
What do you think of my full month analysis ?!!!
Like if you think the same or drop your opinion/observation in the comments section.
-------------------------------------------------------------------------
Pls take my chart analysis for what it is, which is for educational purposes
