HEADS UP TRADERS!
$BTC IS BOUND FOR THE CORRECTION ALREADY.
With the on-going consolidation of BTC, it's already a signal that it's trying to maintain progression but is already failing. Trading is a cycle and we all should know that once a coin hits ATH, it's bound to correct itself. It's a cycle no one can deny. It may not go back to it's lowest value but at some point it will find it's new support to find a new resistance and ATH.
For those still holding, let it go. Accept the loss and wait to bounce back before you gain further losses. Trading is not gambling. It's a cycle we have to master. We trade to earn consistently and not to gamble our money away.
For scalpers, it's best to go bear. For those who are not comfortable trading in bears, find a good position for small pumps.
For spot traders, wait til your coin dumps and enter in the consolidation period where you find the support value of your coin again.
As BTC is a major coin, all coins follow its movement as well. So, if it's going for it's correction already, expect all coins to follow.
Trade with caution.
We trade to win not to gamble.
Happy trading everyone!
