$BTC is currently at 83640.6, with resistance at 84000 and support at 83206.17. The outlook is bullish.
I'm recovering from a loss of 200,000 USDT. I'm trading small positions with 5,000 USDT now, and I always use stop-losses instead of holding losing positions.
Let's review this move: BTC started rising from the support level at 82734, broke through the 83000 psychological level and the previous high of 83129, and is now at 83640. I suggested trying a long position near 82734, with a target of 83000–83129. The move has now exceeded expectations.
Trading plan: Don't chase longs at the current price of 83640. Wait for a pullback to 83206–83300 before considering a long, with a stop-loss at 83000 and a target of 84000. If the price breaks above 84000 directly, add to the position on a pullback to 83800, targeting 84500–85000. If it falls below 83000, the bullish trend is broken, so reverse and go short.
Remember: Don't chase highs; wait for a pullback. Staying in the game is more important than making quick money.
#EthereumBreaksAbove$2500
I'm recovering from a loss of 200,000 USDT. I'm trading small positions with 5,000 USDT now, and I always use stop-losses instead of holding losing positions.
Let's review this move: BTC started rising from the support level at 82734, broke through the 83000 psychological level and the previous high of 83129, and is now at 83640. I suggested trying a long position near 82734, with a target of 83000–83129. The move has now exceeded expectations.
Trading plan: Don't chase longs at the current price of 83640. Wait for a pullback to 83206–83300 before considering a long, with a stop-loss at 83000 and a target of 84000. If the price breaks above 84000 directly, add to the position on a pullback to 83800, targeting 84500–85000. If it falls below 83000, the bullish trend is broken, so reverse and go short.
Remember: Don't chase highs; wait for a pullback. Staying in the game is more important than making quick money.
#EthereumBreaksAbove$2500