Quick market update — no fluff, just what I actually see.
I noticed BTC is hovering around $62768, which is a critical level for me, and I'm watching to see if it can break above $64243.
The fact that ETH is down -1.11% and currently trading at $1751 is also catching my attention, as it seems to be struggling to find support above $1741.
Given these price movements, I'm taking a cautious stance, especially with ADA down -5.85% and trading at $0.1706, which is a pretty significant drop.
I think we need to see some bullish momentum from BTC and ETH before we can consider entering any long positions, maybe around the $569 level for BNB.
For a potential trade, I'd consider an entry zone around $1751 for ETH, with a stop-loss at $1741 and a take-profit at $1813, but I'm not convinced yet.
I'd also keep an eye on XRP, which is currently trading at $1.0955, and see if it can break above $1.1354.
Overall, I'm bearish on the market right now, and I think we need to see some significant price movement before we can consider going long on any of these coins.
#cryptomarket #bitcoin #ethereum #tradingstrategy 🚀💸
I noticed BTC is hovering around $62768, which is a critical level for me, and I'm watching to see if it can break above $64243.
The fact that ETH is down -1.11% and currently trading at $1751 is also catching my attention, as it seems to be struggling to find support above $1741.
Given these price movements, I'm taking a cautious stance, especially with ADA down -5.85% and trading at $0.1706, which is a pretty significant drop.
I think we need to see some bullish momentum from BTC and ETH before we can consider entering any long positions, maybe around the $569 level for BNB.
For a potential trade, I'd consider an entry zone around $1751 for ETH, with a stop-loss at $1741 and a take-profit at $1813, but I'm not convinced yet.
I'd also keep an eye on XRP, which is currently trading at $1.0955, and see if it can break above $1.1354.
Overall, I'm bearish on the market right now, and I think we need to see some significant price movement before we can consider going long on any of these coins.
#cryptomarket #bitcoin #ethereum #tradingstrategy 🚀💸