BTCUSDT Analysis on trend
#BTCUPDATE
If BTC holds at
52K then we should see some upside going into the weekend - breaking down will definitely take us to 50k - if we break below this its 46k. Please note we are still very much in a bullish market up until about 43k - which is when I think there would be a proper market shift - printing such a prominent Lower Low then would be tricky to come back from. I believe this is a correction personally and not the start of a downtrend.
BTC pairs looking pretty strong to be trading in, USDT pairs will feel the most volatility - there will be a few pairs we will try and identify that are just carrying too much momentum or strong looking reversals.
For HODL's You will be looking at small bags here52K, then again at 50k is where the dips in the market will be coming in.
Of course trading is your choice, nobody is ever forcing you to trade - we are in a very volatile market at the moment, if you are risk averse then limit your positions or just take a step back and wait for the market to settle.
Long btc/usdt
51000 - 50500
Targets : 52000- 53000 - 53700 - 54350 - 55000 -+++
Stop : 49500
Just x2 - x3 please
Risk!...?
DISCLAIMER:
_TbaeTrades:
Your investments are your responsibility
I do not accept any liability for any loss or damage which is incurred from you acting or not acting as a result of reading any of my publications. You acknowledge that if you use the information I provide, you're at your own risk. i do not offer investment advice and nothing in the calls that is or tobe published, should be construed as investment advice.
_#TBAE
If BTC holds at
52K then we should see some upside going into the weekend - breaking down will definitely take us to 50k - if we break below this its 46k. Please note we are still very much in a bullish market up until about 43k - which is when I think there would be a proper market shift - printing such a prominent Lower Low then would be tricky to come back from. I believe this is a correction personally and not the start of a downtrend. BTC pairs looking pretty strong to be trading in, USDT pairs will feel the most volatility - there will be a few pairs we will try and identify that are just carrying too much momentum or strong looking reversals.
For HODL's You will be looking at small bags here
52K, then again at 50k is where the dips in the market will be coming in. Of course trading is your choice, nobody is ever forcing you to trade - we are in a very volatile market at the moment, if you are risk averse then limit your positions or just take a step back and wait for the market to settle.
Long btc/usdt
51000 - 50500
Targets : 52000- 53000 - 53700 - 54350 - 55000 -+++
Stop : 49500
Just x2 - x3 please
Risk!...?
DISCLAIMER:
_TbaeTrades:
Your investments are your responsibility
I do not accept any liability for any loss or damage which is incurred from you acting or not acting as a result of reading any of my publications. You acknowledge that if you use the information I provide, you're at your own risk. i do not offer investment advice and nothing in the calls that is or tobe published, should be construed as investment advice.
_#TBAE
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