Buy In: Up to $3430
Time Frame: 4H
Stop loss: Close 4H candle below $3340
Profit Potential: 100%+ ROE
Capital Allocation: <3%.
Our trade as promised with 100%+ Potential ROE.
Enjoy the trade.
Bitcoin's Final Crash or Ultra Moon Pump Ahead?
Ahead of this trade:
For lower-risk check the altcoins trades.
BitMEX trades are high risk by default to the high leverage.
Patience is key.
Bitcoin future price ranges would be :
* Attempt to breach 3580 and reach again 3650 in order to make again previous high.
*Retrace from 3650 to 3560 (aprox.) in order to " confirm" new support on 3580 as "piercing it"
*Uptrend towards 3730
*Attempt to 3850-3900
*Confirmation of 3800
*Attempt to breach 4000 and probably succeeding in it while making new high in form 4250
*Correction back to 4000 to confirm new support level
*Attempt to reach 4400-4450 as rebouncing from 4000 (pierced) as acting as support
*FAIL OF BTC towards previous low (AT LEAST).
Volume always lacks before a breakout to either side. That's my experience of it not only to the downside.
Yes, last BTC trade failed but because the stop loss was too tight, we are still looking at higher lows and recently a higher high (short term). I am trading based on these signals.
If you were looking at lower highs consistently, you would be pointing down. And in my last comment update you can see the higher lows.
Take it easy, life is LONG and beautiful.
You are still laughing?