BTC broke out of every single resistance without any retracement.
This shows how strong this uptrend is.
In this daily chart, there's no solid resistance but $28k-$30k.
Lower support is around $22k , $20.7k
This is an important development in the price.
However looking into the weekly chart, BTC will face significant resistance around the $24k-
25K area.
So what's my plan?
I will hold on to my BTC long position which I longed publically for around $16400 and keep some USDT aside.
Alts in BTC pair will bleed when BTC pumps like this.
IMHO the best thing to do is to hold BTC and long the Altcoin dips on leverage.
NO FOMO longs though.
Wait for the red day to long.
BTC will face resistance around the $24k level once it breaks that level the target will be $30k.
This is not financial advice, DYOR.
Let me know what you think and hit the like button if you like it.
#PEACE
This shows how strong this uptrend is.
In this daily chart, there's no solid resistance but $28k-$30k.
Lower support is around $22k , $20.7k
This is an important development in the price.
However looking into the weekly chart, BTC will face significant resistance around the $24k-
25K area.So what's my plan?
I will hold on to my BTC long position which I longed publically for around $16400 and keep some USDT aside.
Alts in BTC pair will bleed when BTC pumps like this.
IMHO the best thing to do is to hold BTC and long the Altcoin dips on leverage.
NO FOMO longs though.
Wait for the red day to long.
BTC will face resistance around the $24k level once it breaks that level the target will be $30k.
This is not financial advice, DYOR.
Let me know what you think and hit the like button if you like it.
#PEACE
Daily Signals:- telegram.me/thecryptorphic
Coincatch:- bit.ly/15000USDTBonus
BLOFIN - bit.ly/Cryptorphic
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
Coincatch:- bit.ly/15000USDTBonus
BLOFIN - bit.ly/Cryptorphic
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
Related publications
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.
Daily Signals:- telegram.me/thecryptorphic
Coincatch:- bit.ly/15000USDTBonus
BLOFIN - bit.ly/Cryptorphic
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
Coincatch:- bit.ly/15000USDTBonus
BLOFIN - bit.ly/Cryptorphic
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
Related publications
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.