After two fake newz
1. IBTC ticker
2. ETF approval
loitering BTC gained momentum and sliced our given 36k area. At the same time the above newz was realized as fake coupled with Greed Index topping up above 70, now have a sell pressure from 34800-34400 area as per LiquidatinheatMap to around a whooping 30M...
Managing ur SL is what is required as of now ....
BTC is trying to repeat the same falling wedge pattern to check the local and support zone as given @ chart ...
Staying away from trades is better as of now, take ur Profits n wait for better entry... ALTs will be cry babies again ...
Safe trade n never trade too much that u couldnt handle.
Use proper SL n Never sleep on a trade..
This is just an IDEA from my small knowledge, NAFA n plz DYOR....
NB : if we could stay above 34800 on daily close, we move further up to 36 then 38, possible target 40k by EOM(end of month), wait for the Daily close for making ur choice....
ThankYou