Long

BTCUSDT nice leg up, why, and whats next?

pumped, although a 30 Billion increase within 30mins-1hour seems like a lot of money all at once. I cant help but be a little suspicious. So maybe Im hallucinating, but as I see it, big boys pump, the herd goes nuts, everyone screams moon and lambo, fomo piles in, then big boys organise a strategic dump raking in millions like whales feeding on plankton. In any case, if we are smart we can ride their coat tails and make money. I posted this chart yesterday, and now Im up 18% or so from my entry which is sweet. Next thing for me is looking at a possible retrace at this resistance level.. although there's a ton of volume, and the engulfing green candle is promising.. We are hovering in overbought territory now, so keeping a close eye on all of this. BTC can go up or down here.. as always, TA gives us probabilities, however the market can turn on you at any time. RISK MANAGEMENT is King. Minimal losses and juicy gains are the thing. Twitter: @cryptotbonus Peace.

fxtraderanthony

🚀 ENHANCE YOUR TRADING!!

👀 👉 HERE'S HOW I TRADE FOR A LIVING - video:
🔗 youtu.be/wUBswvlOttw
👀 👉 MORE Trade Signals on Telegram:
🔗 t.me/anthonys_forex

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.