๐ Market Analysis: Deep Insights for Smart Traders ๐ก
๐ง ๐ Observation
In my previous post, I emphasized that the market must cross key levels before placing a trade. there was no cross, so it was no deal.
๐ฏ Letโs Take a New View
Today, letโs analyze BTC as our case study:
Look at the chart: What do you see? The structure isnโt complete yet.
Key Support Level: Price action indicates real support around 9253.
Lower Time Frame Insight: A head-and-shoulders pattern is forming, but itโs not complete.
๐ My Alternative Move
While waiting for BTC to confirm its structure, Iโll trade ZEC Coin down instead. The setup for ZEC shows potential for shorting and better profitability in the short term.
Stop loss: 54.65
take profit:44.98
Trade wisely with proper risk management
๐ Takeaway
โ๏ธ BTC has a unique way of manipulating the market, so hold off on any bullish trades until we confirm a solid formation. Meanwhile, explore other coins with clearer setups like ZEC.
๐ก Pro Tip
Be patient.
Protect your capital at all costs.
Be wise. Trade smart. Success is built on discipline.
๐ฌ Whatโs your opinion on BTC and ZEC? Drop your thoughts below! Letโs discuss and grow together.
๐ Follow for more market insights and strategies! ๐
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