I still would be careful with BTC I have feeling we not done yet
Im not ruling out another drop doesnt mean you need sell everything now but at minium put SL at entry if you bought tonight dips if it comes back below 46K area its really high chance for 4342K area there are multiple TA indicators and support lines fib line from weekly chart 200 daily EMA and generally before it january it was top and considered very good and strong support now. Every single trader and signal group consider this level worth considering and for good reason and what happenes if everyone consider this good support? Yes already know I can see gazillion long orders sitting in this area at minimum we should see solid bounce from this area which would give you option to secure free trade with SL at entry. Rest targets 45K 47K 49K 54K 56.9 rest open till 69K
SL 38.9K
lets see
I was more ore less right about previous short idea it didnt filled up but I was just extra careful
for this idea for spot trades you can place some orders also from 45K 44 43k risk reward is in favour for ultimate profit unless we have some doomsday news
I was right to the dollar wbout LTC short few days ago to the dollar I told 335 it went 336 was fighting like crazy at this level ultimately lost, as always if you took trade you can have it free ride now as insurance against doomsday drop because if you in short trade and we have huge drop at least you leveling out
generally its good idea to take some profit in middle between entry and final target so in case of LTC 300 was good idea to close half position to secure some profits
the thing is you always need to look at charts unbiased if I had long now I wouldnt write this scenario ha right
im not in any position now because market is very unclear if someone saw chart without knowing much about TA it would be clear that current odds for long looks not the greatest, so this is important not the greatest odds it doesnt mean we cant go up from now.
its sunday do we have another dip down today :)... 26 april sunday 28 february sunday remeber these days whats common then last dip always was lower then first dip and 46K or 43K its not anymore huge distance away...
SL 38.9K
lets see
I was more ore less right about previous short idea it didnt filled up but I was just extra careful
for this idea for spot trades you can place some orders also from 45K 44 43k risk reward is in favour for ultimate profit unless we have some doomsday news
I was right to the dollar wbout LTC short few days ago to the dollar I told 335 it went 336 was fighting like crazy at this level ultimately lost, as always if you took trade you can have it free ride now as insurance against doomsday drop because if you in short trade and we have huge drop at least you leveling out
generally its good idea to take some profit in middle between entry and final target so in case of LTC 300 was good idea to close half position to secure some profits
the thing is you always need to look at charts unbiased if I had long now I wouldnt write this scenario ha right
im not in any position now because market is very unclear if someone saw chart without knowing much about TA it would be clear that current odds for long looks not the greatest, so this is important not the greatest odds it doesnt mean we cant go up from now.
its sunday do we have another dip down today :)... 26 april sunday 28 february sunday remeber these days whats common then last dip always was lower then first dip and 46K or 43K its not anymore huge distance away...
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