Welcome back to "100 Days Bitcoin/ALT Prediction"! Today Bitcoin price has not reached the suggested zone in the strategy day 6, so today we will have some small adjustments to continue following the market.
We will apply a flexible trading strategy, combining both long and short to maximize opportunities from market fluctuations.
Strategy 1: Long around current price
- Long entry: $61,700 - $61,900 (this is the current price range).
- Short-term target: Watch the resistance levels near $62,660 and $62,860. If the price bounces, we can take profit at these levels.
- Stop loss: Below $61,300 to minimize risk if the market turns around.
Strategy 2: Short down
- Once the price hits $62,660 (Dca $63,200 (the area where bulls may encounter strong selling pressure), we will open a short order.
- Short entry: $62,660 - $63200.
- Stop loss: $63,819.
- Long profit target: $60,860 - $59,600 - $57,800, based on correction if price continues to decline.
Are you ready for today's trading day? Let's monitor the market together and make the most accurate decisions!
Wish you successful trading!
#Write2Win #BinanceTurns7 #MarketDownturn #cryptochannelstar
