Hello Trader,
Seems like BTC reaching point of exhaustion, the price stuck for 18 days around 40-45k while alts gains more than BTC.
More likely this is the sign of exhaustion, cause alt season means end of cycle.
Trade Setup:
Stoploss
Sell
Take Profit
Seems like BTC reaching point of exhaustion, the price stuck for 18 days around 40-45k while alts gains more than BTC.
More likely this is the sign of exhaustion, cause alt season means end of cycle.
Trade Setup:
Stoploss
Sell
- Market Price (43.7k)
- 43.9-45k
Take Profit
- Take Profit 1/Move Stoploss to entry (41.1k)
- Take Profit 2/Move Stoploss to TP1 (37.8)
Note
Breakeven
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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.