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Abahk123
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why am i seeing double top?
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#MarketPullback $BTC Now the market is in a bearish trend in the 4H as it has broken the lower low and major support at 94000. In my opinion it is better to TRADE along the trend not against it. I am not a procrypto guru or something so it is up to your discretion to make decisions on your own. I am just sharing some ideas. Sell entry: 99730.22 Sl: 101310.40 Tp:91010.44
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#BTCNextMove #BTCUDST People are saying market are crashing and causing panic in the community with every piece of news and what not. 1)Actually market is in a correction not a crash. See how much the market has gone from September 3rd to December 16, it has gone from 54000 to 108000 2)It is not feasible for a market to continuously go on a bull run forever, market correction or retracement is neaded for the continuation of the market in a long term. 3)Just like every market BTC will continue to go up in the long run but it doesn't mean to continuously going up, correction are necessary for eg S&P 500 it has come a long way, there are many up and downs but it continues to go up year by year. 4)There are marjor support levels for BTC at 88000, 80000 & 74000. Wait for price to reach these levels if you want to buy BTC for long term(investment ). 5) Don't expect price to dump and dump and boom next day it skyrocket, there will be some consolidation before price starts going up again.
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Sell in binance futures not the spot market. You could get profit during bearish rally.
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#MarketCorrectionBuyOrHODL Wether it is buy or hold your trades, i don't recommend both of them. 1) In this time of market panic it is better to take out your money from the market and wait for the dust to settle. It is not like the market is running away. So patience is the key 2) Donald Trump is going to take his presidency next month and we will know what his policies are or what he will be doing in the crypto market. It is better act at that time rather than anticipating about the future now. 3) It is the end of year now so big players will obviously be closing their portfolios to take profit and dump the market so they can buy at a discount at the start of next year. 4) If you have no patience and start buying at every low now you will have now money to buy when price really starts going bulllish. So better preserve your capital and Do not enter in this mess now. Only enter after price starts consolidating. It is not like price dump and dump and next moment it magically goes up. It wont happen price has to consolidate before every bull run
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