Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own...
$BTC has dumped the last three months on options expiration day (and a couple days before) as all the WEN LAMBO? leverage traders get rekt. If you believe in BTC long-term, then this isn't sh*t.
Don't be one of those FUDdie-duddies who say BTC is going to $10K. That's just dumb, because the whole world will trip over themselves to buy in way before then.
Buy...
I'm long once again, risk is a drop to 4735 here. We need to see a push above 4906 today to validate bullish momentum, else, we might see a selloff if support doesn't hold. My speculative plan is to go short $SPX if it fails to validate the bullish momentum, and simply close longs in this instrument (and study wether I want to close my equity positions or not, or...
