The area between 53000 and 55000 sat is the perfect buy zone if one believes in Golden Pockets. It is a relativly safe trade if one sets a tight SL at 51000-52000 sat, To the upside there are some targets beyond 0.00100000 btc.
There is always the possibility of a sudden dump, due to a BTC move or Trump news, stimulus news, Cov news for example. In case of a dump am gonna sell at 51000 and will rebuy around 35000 sat. Trade safe!
Alts still showing weakness, but TA is looking good. I see a 60:40 chance this trade will be a winner. (moderate risk)
There is always the possibility of a sudden dump, due to a BTC move or Trump news, stimulus news, Cov news for example. In case of a dump am gonna sell at 51000 and will rebuy around 35000 sat. Trade safe!
Alts still showing weakness, but TA is looking good. I see a 60:40 chance this trade will be a winner. (moderate risk)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.