BTC is ready to dump again and why ?
Hi Everyone,
If you have followed our last video, you have already made more than 300% profit from 10X leverage. Feel free to check the older videos.
Now, let's discuss btc. What is gonna happen now? After a recent drop, BTC found weak support (no big buy volume) around 38.5K. Now it's getting resistance at 39-39.5K. If we check the recent chart, this area was a great resistance for BTC and without higher volume, it did not break it. If we check the recent jump of BTC after the drop, we will notice a good amount of buy volume but now after the drop, there is no big volume (weekend is not an excuse). From the recent scenario, we can notice that 38.5K was never big support. Therefore, we can assume that BTC will get rejected from this level very soon and might find support at 37-37.5K.
Use 10X leverage (Max): Target 40% profit and Risk 9 %.
The Short Entry: 39.4 - 39.5K
Stop Loss: 39.9K
Profit Target: 37.6K
Regards,
Your Friend who did trading mistakes like you :-)
If you have followed our last video, you have already made more than 300% profit from 10X leverage. Feel free to check the older videos.
Now, let's discuss btc. What is gonna happen now? After a recent drop, BTC found weak support (no big buy volume) around 38.5K. Now it's getting resistance at 39-39.5K. If we check the recent chart, this area was a great resistance for BTC and without higher volume, it did not break it. If we check the recent jump of BTC after the drop, we will notice a good amount of buy volume but now after the drop, there is no big volume (weekend is not an excuse). From the recent scenario, we can notice that 38.5K was never big support. Therefore, we can assume that BTC will get rejected from this level very soon and might find support at 37-37.5K.
Use 10X leverage (Max): Target 40% profit and Risk 9 %.
The Short Entry: 39.4 - 39.5K
Stop Loss: 39.9K
Profit Target: 37.6K
Regards,
Your Friend who did trading mistakes like you :-)
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