I am a trader who trades the trend and knows no fear as long as I am following the trend. Having said that, I believe the larger trend is on the verge of becoming bearish. $49k is a key support level for me. It has failed to hold on the lower timeframes. If buying pressure cannot keep up at this $49k level, I expect a dump down to $40k. I believe there is a good chance for a retest of $20k. As a precaution I have sold all spot and I’m in stablecoin / fiat. I believe there would be a quick correction / crash and the market would rebound.
This trade idea is not financial advice. I am not a financial advisor of any kind.
Please do your own analysis, responsibly manage your risk, and stay safe.
Thanks for hitting the like button!!!!!
This trade idea is not financial advice. I am not a financial advisor of any kind.
Please do your own analysis, responsibly manage your risk, and stay safe.
Thanks for hitting the like button!!!!!
Do you like my analysis? Do you want to stop paying for stop losses and make money? Come trade with me in my private Discord group with this link discord.gg/q5Q7GzVD3h - Send me a DM to start.
