BTCUSDT 1D When can and should go long?
A lot of inquiries came from you about what's going on with Bitcoin and altcoins right now?, so we'll write a few words with our thoughts and try to answer them.
Constructive dialogue is also welcome in the comments under the idea.
This idea will be a complement to our recent BTCUSDT idea with the title: "This is what it takes to start the alt season"
So, this idea is on, only a few remarks to it will be written below:
1. Sellers may try to hit the stops below $45300 today, but at all $45000 is a good wall to buy.
2. If they break $45000 down, the price of BTCUSD may fall to $43000 on torn down stops, but without updating the previous low below $42000.
In such a situation, the green fractal may begin to work out, and with it the minimal, but still the alt-season will begin.
3. Below $42000 there will be a lot of negativity, and consequently the targets for the fall in the area of $32000. More detailed thoughts on this scenario are described in the idea below:
To sum it up: today/tomorrow, you have to be extremely careful watching the price behavior near the critical levels we mentioned above to make the right trading
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
Constructive dialogue is also welcome in the comments under the idea.
This idea will be a complement to our recent BTCUSDT idea with the title: "This is what it takes to start the alt season"
So, this idea is on, only a few remarks to it will be written below:
1. Sellers may try to hit the stops below $45300 today, but at all $45000 is a good wall to buy.
2. If they break $45000 down, the price of BTCUSD may fall to $43000 on torn down stops, but without updating the previous low below $42000.
In such a situation, the green fractal may begin to work out, and with it the minimal, but still the alt-season will begin.
3. Below $42000 there will be a lot of negativity, and consequently the targets for the fall in the area of $32000. More detailed thoughts on this scenario are described in the idea below:
To sum it up: today/tomorrow, you have to be extremely careful watching the price behavior near the critical levels we mentioned above to make the right trading
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
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okx.com/join/20PSTRADE
🔥V-I-P cutt.ly/PwkLhT56
👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s
🔵Telegram t.me/pstrade_eng
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