Already shared this detailed trade plan for $BTC more than once! I hope everyone acted rationally!
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LIVECrypto Madness
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BTC to 100k? What's next on the charts?
$BTC has been in bullish trend since it broke major resistance at 31,450 few days back. Unfortunately, followers of so called gurus remained unable to enjoy the rally of around 35%, mainly because the gurus (fake) kept calling for rejection from here and there based on some basic (and useless) indicators such as RSI etc. just to get some followers and likes!
This is the cycle of the market; it keeps going down until small investors lose hope and book losses, and when it starts to recover, they never believe in bullish trend until its too late!
Anyhow, from Price action point of view, BTC has been in bullish trend since it broke 24,275 on W1 chart targeting previous highs 30,000 - 45,000, 51,000 and finally around ATH 65,000!
Following is the W1 chart for BTC:
Now What to do?
First and foremost, since price has already hit targets and now standing at Weekly and daily bearish OB, Do not make any impulsive decision rather let the price cool down a bit and wait for correction till it reaches at least H4 demand zone and HL region, and most preferably D1 HL region, where BOS in internal structure would give confirmation for Longs!
Additionally, ALTS haven't rallied a lot yet so keep an eye of major ALTS such as $SOL $avax $XRP etc.
Follow me if you want further detailed updates on BTC and ALTS OR if you are looking for perfect Trade Signals!
#BTC/Update: #cryptocurreny #LearnCrypto #EARNforFREE #altcoins❗️
This is the cycle of the market; it keeps going down until small investors lose hope and book losses, and when it starts to recover, they never believe in bullish trend until its too late!
Anyhow, from Price action point of view, BTC has been in bullish trend since it broke 24,275 on W1 chart targeting previous highs 30,000 - 45,000, 51,000 and finally around ATH 65,000!
Following is the W1 chart for BTC:
Now What to do?
First and foremost, since price has already hit targets and now standing at Weekly and daily bearish OB, Do not make any impulsive decision rather let the price cool down a bit and wait for correction till it reaches at least H4 demand zone and HL region, and most preferably D1 HL region, where BOS in internal structure would give confirmation for Longs!
Additionally, ALTS haven't rallied a lot yet so keep an eye of major ALTS such as $SOL $avax $XRP etc.
Follow me if you want further detailed updates on BTC and ALTS OR if you are looking for perfect Trade Signals!
#BTC/Update: #cryptocurreny #LearnCrypto #EARNforFREE #altcoins❗️
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