Everything goes up have to go down.
So i will explain a wise strategy, Bitcoins seems to have a lack of power, remember that only big players can move BTC up or down. so like i said often, sometimes it's better to be Spectator than Actor. This bullrun is far to be finished but at one point we will get a strong retracement and you don't want to be in when it will happen.
For now BTC is forming a descending channel and seems to make a Lower Low for the first time ( Not confirmed yet ), as you can see in Graph we are close from the border of this trend. So there's nothing to play right now. just wait and see if BTC get some rage juice to break this bearish mode.
Again i am still thinking that this bullrun is still on but our strategy is to accumulate more BTC! so if you can catch some Dips u will get more Bitcoins ! just Logic !
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Trading Parts :
Scenario 1 :
- if BTC break this downtrend you can buy BTC after 61000$ and take the train to 66000$. if we break 66k so yes we can surely go higher.
Scenario 2 :
if BTC not break this downtrend and follow his movement we could go visit 47000$ again. a Big support and a better opportunity for a buy.
Scenario 3 :
BTC dip more and we could see a dip to 42000$ - 38000$ ( have to analyse it in time ).
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Stay S4Fe and be patient.
Happy Tr4Ding !
So i will explain a wise strategy, Bitcoins seems to have a lack of power, remember that only big players can move BTC up or down. so like i said often, sometimes it's better to be Spectator than Actor. This bullrun is far to be finished but at one point we will get a strong retracement and you don't want to be in when it will happen.
For now BTC is forming a descending channel and seems to make a Lower Low for the first time ( Not confirmed yet ), as you can see in Graph we are close from the border of this trend. So there's nothing to play right now. just wait and see if BTC get some rage juice to break this bearish mode.
Again i am still thinking that this bullrun is still on but our strategy is to accumulate more BTC! so if you can catch some Dips u will get more Bitcoins ! just Logic !
-----------------------------------------------------------------------------------------------------------------------------------------
Trading Parts :
Scenario 1 :
- if BTC break this downtrend you can buy BTC after 61000$ and take the train to 66000$. if we break 66k so yes we can surely go higher.
Scenario 2 :
if BTC not break this downtrend and follow his movement we could go visit 47000$ again. a Big support and a better opportunity for a buy.
Scenario 3 :
BTC dip more and we could see a dip to 42000$ - 38000$ ( have to analyse it in time ).
-----------------------------------------------------------------------------------------------------------------------------------------
Stay S4Fe and be patient.
Happy Tr4Ding !
Comment:
Keep an eye on this new Triangle.
Comment:
Thanks Elon. charging more now :D
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Comment:
first big support zone 42000$ (D1 EMA200)
Comment:
more clear view.