BTC Weekly - Are we Heading to 5k?
-We've failed to create a new weekly High, so I'd be expecting alot of longs to be taking profits and/or flipping short
-We're still in an overall Downtrend despite the recent Pump
-For those who haven't already got in there will potentially be another chance on the retest of the weekly downtrend, Don't FOMO
-If you're already in we can now either adjust stops to Entry or leave room for liquidity spikes and Hold on
I hope you find my simple insight useful, goodluck out there! and always remember to trade within your risk plan!
-We're still in an overall Downtrend despite the recent Pump
-For those who haven't already got in there will potentially be another chance on the retest of the weekly downtrend, Don't FOMO
-If you're already in we can now either adjust stops to Entry or leave room for liquidity spikes and Hold on
I hope you find my simple insight useful, goodluck out there! and always remember to trade within your risk plan!
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