BTC/USDT Trade Strategy for FOMC!
Updated
Bitcoin is currently trading right around the 
23K area.
Lower Support is around the 22.3k level.
This is my strategy for the meeting:-
I am holding no leverage long positions as of now.
I have placed orders for Doge and BTC.
Lower levels to long BTC are $22322, $22569, and $22689.
These can easily get filled with choppy price action.
FOR NEW TRADERS:- Do not trade at all!
Wait for the market to settle down and get entries a few hours after the announcement.
DYOR, This is not financial advice.
The two scenarios are shown in this chart.
Which one do you think is highly likely?
Invalidation:- Break and close below $21878, which will be our Stop Loss.
Do show your support, it motivates me to post frequently.
Thank you
#PEACE
23K area.Lower Support is around the 22.3k level.
This is my strategy for the meeting:-
I am holding no leverage long positions as of now.
I have placed orders for Doge and BTC.
Lower levels to long BTC are $22322, $22569, and $22689.
These can easily get filled with choppy price action.
FOR NEW TRADERS:- Do not trade at all!
Wait for the market to settle down and get entries a few hours after the announcement.
DYOR, This is not financial advice.
The two scenarios are shown in this chart.
Which one do you think is highly likely?
Invalidation:- Break and close below $21878, which will be our Stop Loss.
Do show your support, it motivates me to post frequently.
Thank you
#PEACE
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