BTC $55K is Loading ⏳.
Alhamdulillah as predicted yesterday price of BTC dump from $62K region. And now heading toward our e.p. Here is full detail analysis at what prices we need to buy and with how much amount ? Read full post carefully each word is very important .
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Now let's head over toward our main topic. First look on chart. We provide a invalidation Point 5 days ago from which market is rejecting continuesly and unable to breakout. indicating analysis is correct . #BTC☀ breakdown rising wedge and is falling continuesly. According to technical analysis we have three support levels:
1. $57,500
2. $55,000
3. $51,300 (Only unexpected situation )
First two support are looking acceptable and we can see bounce from these level. But third entry point is given just of market give us a unexpected situation . To tackle it we keep our third entry point on horizon. These support level can draw any one but main thing is strategy. Here is how we will manage our portfolio :
1. Use 40% funds and buy at first entry point $57,500 area not exact point it could be ±$300.
2. Use 40% funds more and buy at second entry point if market dip to that point.
3. Keep remaining 20% funds for unexpected situation . Use these 20% fund if Market dip around 51K.
It is how we will manage our portfolio . Do your own research also before taking any action . Here are some more reason why we are expecting such dips:
1. Yesterday every one become Bullish due to of CPI data . To liquidate them market will move down.
2. MTGOX Fud is on horizon.
3. 500M+ Liquidation if market dip to $55K.
That is all. In simple word market will dip. Remain connected and follow #MU_Traders for further updates. Don't forget to like and share post. Pressing each button motivate us .
