đ $BTC UPDATE
We are in a bullish trend now, all dips are for buying, as they say.
The main resistance â $90,000. Can we go straightforward to that level? Sure.
But there are high chances of visiting $84,000 support before that. Especially after that rejection from the local $87,500 resistance.
đ My plan:
- Buy spot at $84,000 support and go LONG only in case of a positive reaction on that level. Opening LONG position there without confirmation is risky.
- Buy spot at $79,000 - $80,000 and go LONG there as this is the main support of the bullish momentum. This support aligns with the Weekly MA50.
Opening any SHORT position now is trading against the trend and can only be performed by professionals. #BTC
We are in a bullish trend now, all dips are for buying, as they say.
The main resistance â $90,000. Can we go straightforward to that level? Sure.
But there are high chances of visiting $84,000 support before that. Especially after that rejection from the local $87,500 resistance.
đ My plan:
- Buy spot at $84,000 support and go LONG only in case of a positive reaction on that level. Opening LONG position there without confirmation is risky.
- Buy spot at $79,000 - $80,000 and go LONG there as this is the main support of the bullish momentum. This support aligns with the Weekly MA50.
Opening any SHORT position now is trading against the trend and can only be performed by professionals. #BTC
