PolarHusk

BTC/USDT (Short Term Strength?)

BINANCE:BTCUSDT   Bitcoin / TetherUS
💎Technical Analysis Summary💎


BTC/USDT


-Bitcoin in the lower timeframe is showing its strength
-The price broke above its key resistance at 43k dollars
-If BTC can hold above the support area within the next 48hrs
-I think the chances to retest the higher 45k dollar increases
-Despite this short term upside move of BTC
-Many altcoins are still in their bearish price structure
-I have lost trades and won trades this past few days
-Because the overall market is in bad shape especially the Alts
-Please be cautious and always follow proper trade size allocation
-Or else, 1 losing trade can ruin your entire trading account
-And the last thing, don't forget to put your stop loss every time





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Exercise Proper Risk Management 💱
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