-Due to the recent crypto space event BTC price is highly affected -The bulls failed to defend the daily critical support region at 18k dollars -The price pierced into and hit the minimum target of this consolidation range at 15k dollars -We might see a temporary halt of the selling pressure and see a relief bounce -But the market sentiment is still not clear what will happen for the next few days -I have been stopped from my trades hitting my trailing stops and SL levels. -Since I follow strict risk management, this drop is only minor to no damage to my account -I'm still in good profit since the September altcoin bullish run -I hope everyone is doing the same thing and using stop-loss on every trade -I will try to update and share some altcoins showing vital signs despite this market crash
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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.