Welcome beautiful people to my BTC update.
BTC went straight up as expected. It bounced right from the entry-level I mentioned in my previous update. I got personal DMs from some of you telling me how you made profits out of this BTC trade setup. I can't explain how immense joy it gave me when I saw you guys making profits and keeping yourself aware of the market with my updates. It makes me happy to help you guys.
Coming back to the chart, BTC has gained almost 20% after the bounce and it is likely to touch the upper trendline (resistance) soon. The RSI is in the overbought zone which means, a retest is around the corner. The current price of BTC is 43k will be a safe exit. I am personally exiting my BTC trades here booking some good profits. I will leave 25% of my holdings for any further rally with SL at 42k.
You can use the same strategy or use your own if you have a better one.
Share your BTC updates with me. I will be more than happy to understand your ideas.
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Thank you.