As we approach next week’s main event, here’s a detailed summary of potential scenarios and strategies to navigate the market effectively. Keep a close eye on key price levels and adjust your positions accordingly to maximize gains while managing risks.
Scenario 1: Testing the Upper Resistance at $98,,800
If the price rises sharply and touches the upper resistance line on the daily chart, around $98,800, on Monday or Tuesday, consider opening a small short position. This level may act as a barrier, leading to a potential pullback. However, if the market continues to rally and breaks above new highs during the following days (Wednesday or Thursday), ensure you have a stop-loss in place to limit potential losses. This way, even if the market moves against you, your downside will remain minimal.
Scenario 2: Surge Towards $115,000
If the price begins to climb further next week and approaches $115,000 by Thursday or Friday, consider this a potential area for the market to temporarily peak. Be cautious at these elevated levels, as aggressive long positions could carry higher risks of reversal.
Scenario 3: Opening Lower and Aiming for a Pullback
If the market opens on a downward trend but rebounds later in the week, watch for a potential surge to $115,000. Any rapid movement toward this level may indicate a short-term overextension, so plan exit strategies accordingly to lock in profits.
In both cases, careful observation of volume trends and maintaining a diversified plan will benefit decisions. Good risk-potential around>>>. **Attacks plan offers next? YES./