Hello traderz!
Happy to see you at the new trading week. Didn't post previous week, cause the BTC still moving in the same bullish flag.
What is my thoughts and when we going to break it?
End of the week we entering new month and, according to previous movements, we can see some growth middle of June and after again the correction till September cause summer is not really active for crypto even in bull run. Plus we still have descending volumes.
Bullish signals:
1) Golden cross
2) Time cycles
3) Flag breakout (if will happen, can move SL)
Doubts (or why to be careful):
1) Descending volumes
2) Weak market reaction
3) Summer season
So I think we can long BTC from support line at around ~ 63.000$-65.000$ and I will suggest not to be greedy, take 30-50% with 10x leverage and close position.
What's your thoughts?)
Happy to see you at the new trading week. Didn't post previous week, cause the BTC still moving in the same bullish flag.
What is my thoughts and when we going to break it?
End of the week we entering new month and, according to previous movements, we can see some growth middle of June and after again the correction till September cause summer is not really active for crypto even in bull run. Plus we still have descending volumes.
Bullish signals:
1) Golden cross
2) Time cycles
3) Flag breakout (if will happen, can move SL)
Doubts (or why to be careful):
1) Descending volumes
2) Weak market reaction
3) Summer season
So I think we can long BTC from support line at around ~ 63.000$-65.000$ and I will suggest not to be greedy, take 30-50% with 10x leverage and close position.
What's your thoughts?)
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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.