BTCUSD: Prepare for retracement
Hi All,
Hope you all are making good gains, but be cautious.
It's all in the chart
BTC may have another leg up before the dump continues.
Allow the market to come to you, don't go chasing the rabbit.
Prepare a checklist, stick to your analysis, forget the noise.
Successful people in General, always have a plan and stick to them with conviction.
There's a high probability that this was just a short squeeze in order to liquidate the shorts.
Volume Weighted Moving Average (20) Target: 7450 - 7600: Sell
I must be crazy not to be buying the narrative that we are in the bull market,
Or maybe it's just the contrarian in me, since BTC has yet to test 5000 level.
Be sure to follow me and like this post if it was helpful, and thank you all.
Like the Phoenix we will rise from the ashes
Happy trading People...
Hope you all are making good gains, but be cautious.
It's all in the chart
BTC may have another leg up before the dump continues.
Allow the market to come to you, don't go chasing the rabbit.
Prepare a checklist, stick to your analysis, forget the noise.
Successful people in General, always have a plan and stick to them with conviction.
There's a high probability that this was just a short squeeze in order to liquidate the shorts.
Volume Weighted Moving Average (20) Target: 7450 - 7600: Sell
I must be crazy not to be buying the narrative that we are in the bull market,
Or maybe it's just the contrarian in me, since BTC has yet to test 5000 level.
Be sure to follow me and like this post if it was helpful, and thank you all.
Like the Phoenix we will rise from the ashes
Happy trading People...
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