Hello everyone,
This evening, the US Unemployment Rate was released, and as expected, the market experienced high volatility. I had already mentioned that high volatility would enter during the evening.
After the data was released, $BTC suddenly rose to 56,800. The resistance at 56,244 was broken while trading at 56,480. Similarly, #ETH surged to 2,409, breaking the resistance at 2,377 while trading at 2,391.
Following the entry into bullish momentum, both #BTC and $ETH increased by more than 0.5%. However, both assets suddenly dropped and failed to create a new support level due to high selling pressure. I am waiting for the last 1H ago, for the old support level to break, which I shared in the bullish update.
Today's BTC Update Performance :
Bullish Update 1 :
Entry : 56750
Exit : 56490
Max rise : 56818 & +0.11%
PnL : -0.46%
Bearish update 2 :
Entry : 56490
Exit : 56480
Max drop : 55250 & +2.20%
PnL : 0%
Bullish update 3 :
Entry : 56480
Exit : 55100
Max rise : 57000 & +0.92%
PnL : -2.45%
Bearish update 4 :
Entry : 55100
Exit : -
Max drop : currently 53780 & +2.4%
PnL : -
Today BTC PnL up to update 3 : -2.91%
Today's ETH update performance :
Bullish update 1 :
Entry : 2392
Exit : 2391
Max rise : 2407 & +0.62%
PnL : 0%
Bearish update 2 :
Entry : 2391
Exit : 2391
Max drop : 2319 & +3%
PnL : 0%
Bullish Update 3 :
Entry : 2391
Exit : 2317
Max rise : 2409 & +0.75%
PnL : -3.1%
Bearish update 4 :
Entry : 2317
Exit : -
Max drop : currently 2265 & +2.25%
PnL : -
Today ETH PnL up to update 3 : -3.1
Sometimes BTC face the losses up to 2.5% and ETH face the losses up to 3.5% . So who can accept things like these losses you can follow our analysis otherwise leave from here . Sometimes only like this happens.
Always follow proper risk margin , if you face loss don't increase your investment without considering the margin risk . Always try to make cumulative profit.
Thank You