Just Be Careful
One of the common harms of the bullish market is the fear of missing out (FOMO), which makes traders invest all their money in different assets and ignore the crucial rules of capital management.
This chart shows a possible movement that came to my sight. Although the BTC formed relatively strong support around 41K, the dynamic resistance keeps rejecting it. A market correction down to 38K or 32K can pave the way for the future price uprising.
Finally, the market will always surprise you, so I DO NOT SUGGEST TRADE ONLY BASED ON THIS CHART.
This chart shows a possible movement that came to my sight. Although the BTC formed relatively strong support around 41K, the dynamic resistance keeps rejecting it. A market correction down to 38K or 32K can pave the way for the future price uprising.
Finally, the market will always surprise you, so I DO NOT SUGGEST TRADE ONLY BASED ON THIS CHART.
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.
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.