BTC/USDT (Testing Important 45k Level)
💎Technical Analysis Summary💎
BTC/USDT
-My previous update last December 23, expecting the bulls to hit push 52k dollars
-But as soon as the price entered that region, the bears acted defensively
-We saw two bearish rejections and finally the bears manages to bring the price down
-Today, Bitcoin is retesting its key level of support which is not a good sign
-Technically, using the 12H time frame period, this is bearish price movement
-This key support becomes weaker over time, so I suggested please be careful
-The market shifted very fast from short term bullish to a bearish signal
-I have been stopped out of my few swing trades with small loses
-Since I am very strict with risk management, the damage is not significant to my account
-I will reassess the situation in the coming days before deciding on my next move
-I hope many are also doing the same thing, limiting the risk for long term success
-Good Luck and a Happy New Year everyone! :)
Thanks for donating 💰 via Tradingview coins ozzyman2 🙏🎉
``````````````````````````````````````````````
If you need help🙋 don't hesitate to
Send me a message here PolarHusk😊
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Exercise Proper Risk Management 💱
``````````````````````````````````````````````
BTC/USDT
-My previous update last December 23, expecting the bulls to hit push 52k dollars
-But as soon as the price entered that region, the bears acted defensively
-We saw two bearish rejections and finally the bears manages to bring the price down
-Today, Bitcoin is retesting its key level of support which is not a good sign
-Technically, using the 12H time frame period, this is bearish price movement
-This key support becomes weaker over time, so I suggested please be careful
-The market shifted very fast from short term bullish to a bearish signal
-I have been stopped out of my few swing trades with small loses
-Since I am very strict with risk management, the damage is not significant to my account
-I will reassess the situation in the coming days before deciding on my next move
-I hope many are also doing the same thing, limiting the risk for long term success
-Good Luck and a Happy New Year everyone! :)
Thanks for donating 💰 via Tradingview coins ozzyman2 🙏🎉
``````````````````````````````````````````````
If you need help🙋 don't hesitate to
Send me a message here PolarHusk😊
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Exercise Proper Risk Management 💱
``````````````````````````````````````````````
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➡️ t.me/kryptosignalschat
➡️ t.me/kryptosignaltrade
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➡️ t.me/PolarHusk
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.
Telegram Channels
➡️ t.me/kryptosignalschat
➡️ t.me/kryptosignaltrade
➡️ t.me/KryptoSignalsTrade
Inquiry
➡️ t.me/PolarHusk
➡️ t.me/kryptosignalschat
➡️ t.me/kryptosignaltrade
➡️ t.me/KryptoSignalsTrade
Inquiry
➡️ t.me/PolarHusk
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.