Higher high formation with suitable intraday dip has already been seen, one can go long at cmp based on FIB RETRACEMENT levels.
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After our Yesterday's Post on being Bullish on BTCUSDT, we find ARBUSDT Fundamentally efficient and Technically accurate on a weekly chart to remain Bullish on and create or maintain long positions. Maintain 1.59 Below weekly closing as strict SL.
#Educational Purposes Only #This is not an investment or trading Advice. #Happy Learning/Trading/Investing/Earning ❤️
The current move from 48000-49000 USDT To 39400 should mark the entire reversal after the break out and 3rd Elliot Wave of the overall Bullish Scenario of USDT.
One should be looking for going Bullish from here or taking long positions. Keep any strict Sl below 38000 USDT but only as on a Daily closing basis.
Happy Investing and Happy Trading. #BTC This is not a trading or an investment advise, For educational purposes only.
Few say this is the future … others claim it has no relationship with fundamentals and logics. In any case bitcoin will either gulp down majority of the investors and their major investments before crashing or it will become the more efficient and sensible to buy Btc than gold or silver…. In both the case, it will rally towards the end price numbers to which we don’t expect it to rally and if it has to crash it will only crash after taking us all in…. Hence how do we use this opportunity without burning our fingers??? 1) Use not more than 10% of your entire portfolio value. 2)Trade with predefined targets and stop losses for getting over sentiments and not getting sentimental. 3)If you miss a rally or fall I.e an opportunity you had prepared or thought about…avoid being in the situation of FOMO and write down issues you come across.
*Not a Financial Advice* but you all know… it is 😊💕❤️
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