I made this observation for myself to see what a year in crypto really looks like, let's see how right or wrong one can be, tread carefully. Personally, see it going to 30k, but that is speculation. Safe trading.
Divide it all.
Wait till BTC reached the (confirmed) bottom before going in. Everything can happen but I just want to share two possible scenarios. What do you think of this idea? I think Scenario 2 is very unlikely to happen but the chance Scenario 1 will play out is bigger than many people think.
Happy Careful trading everyone.
After general crypto dip, BTC is going through an oversold period, the idea is to buy BTC/EUR with targets at RSI average and slightly overbought. (32.000 & 33.500)
I would recommend opening 2 positions dividing lots to set different the 2 different take profits. I'll set S/L slightly under 1:2 ratio due to high volatility.
𝐁𝐈𝐓𝐂𝐎𝐈𝐍 𝐀𝐭 𝐂𝐫𝐢𝐭𝐢𝐜𝐚𝐥 𝐋𝐞𝐯𝐞𝐥𝐬 & 𝐈𝐦𝐩𝐨𝐫𝐭𝐚𝐧𝐭 𝐒𝐮𝐩𝐩𝐨𝐫𝐭 @ €𝟑𝟓.𝟔𝐊❗
BTC Now A Risky Buy Opportunity And €38.8K must break!
This is NO INVESTMENT ADVICE & for informational purposes only!
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Here are my thoughts on BTCEUR. The orange Line is for my alarm. These are no set and forget zones. I always check the market structure in the lower timeframe M15, M5, M3, I am also looking for some form of inducement.