#BTCUPDATE
If BTC holds at $52k then we should see some upside going into the weekend - breaking down will definitely take us to $50k - if we break below this its $46k. Please note we are still very much in a bullish market up until about $43k - which is when I think there would be a proper market shift - printing such a prominent Lower Low then would be tricky to come back from. I believe this is a correction personally and not the start of a downtrend.
BTC pairs looking pretty strong to be trading in, USDT pairs will feel the most volatility - there will be a few pairs we will try and identify that are just carrying too much momentum or strong looking reversals.
For HODL's You will be looking at small bags here $52k, then again at $50k is where the dips in the market will be coming in.
Of course trading is your choice, nobody is ever forcing you to trade - we are in a very volatile market at the moment, if you are risk averse then limit your positions or just take a step back and wait for the market to settle.
Long btc/usdt
51000 - 50500
Targets : 52000- 53000 - 53700 - 54350 - 55000 -+++
Stop : 49500
Just x2 - x3 please
Risk!...?
DISCLAIMER:
_TbaeTrades:
Your investments are your responsibility
I do not accept any liability for any loss or damage which is incurred from you acting or not acting as a result of reading any of my publications. You acknowledge that if you use the information I provide, you're at your own risk. i do not offer investment advice and nothing in the calls that is or tobe published, should be construed as investment advice.
_#TBAE
If BTC holds at $52k then we should see some upside going into the weekend - breaking down will definitely take us to $50k - if we break below this its $46k. Please note we are still very much in a bullish market up until about $43k - which is when I think there would be a proper market shift - printing such a prominent Lower Low then would be tricky to come back from. I believe this is a correction personally and not the start of a downtrend.
BTC pairs looking pretty strong to be trading in, USDT pairs will feel the most volatility - there will be a few pairs we will try and identify that are just carrying too much momentum or strong looking reversals.
For HODL's You will be looking at small bags here $52k, then again at $50k is where the dips in the market will be coming in.
Of course trading is your choice, nobody is ever forcing you to trade - we are in a very volatile market at the moment, if you are risk averse then limit your positions or just take a step back and wait for the market to settle.
Long btc/usdt
51000 - 50500
Targets : 52000- 53000 - 53700 - 54350 - 55000 -+++
Stop : 49500
Just x2 - x3 please
Risk!...?
DISCLAIMER:
_TbaeTrades:
Your investments are your responsibility
I do not accept any liability for any loss or damage which is incurred from you acting or not acting as a result of reading any of my publications. You acknowledge that if you use the information I provide, you're at your own risk. i do not offer investment advice and nothing in the calls that is or tobe published, should be construed as investment advice.
_#TBAE
