$BTC at $81,763 (-0.1%) · $ETH at $2,407 (-0.1%)
Keep an eye on $83,549 in the market. That’s the level all the action revolves around.
The price is below its average, and the average is falling. There’s no need to rush to interpret the bounce.
The levels I’m watching:
Above $83,549, the way opens toward $85,682
Below $80,111, we go back to test $78,807
The sign that this read is wrong would be a break below $80,111 on volume.
If you’re planning to get into Bitcoin, scaling in can protect you:
1- First tranche if it returns to $79,718
2- The second at $77,674
3- The third at $75,630
If it closes below $73,586, the plan has failed and you should exit. Your loss then would be around 5% of the amount, not all of it.
The distance between tranches is 2.5% because that’s Bitcoin’s average daily move over the past 14 days.
Do your own research (DYOR) — this is a risk-management approach, not a recommendation.
Where do you think the market is headed? Share your thoughts.
💛 Join Abu Malak’s team: Sign up on Binance with code ABOMALAK — get a permanent discount on trading fees and access to our services and offers.
#CryptoNews #العملات_الرقمية #Binance
⚠️ Educational content for tracking purposes — not investment advice. You’re responsible for your decisions.
Keep an eye on $83,549 in the market. That’s the level all the action revolves around.
The price is below its average, and the average is falling. There’s no need to rush to interpret the bounce.
The levels I’m watching:
Above $83,549, the way opens toward $85,682
Below $80,111, we go back to test $78,807
The sign that this read is wrong would be a break below $80,111 on volume.
If you’re planning to get into Bitcoin, scaling in can protect you:
1- First tranche if it returns to $79,718
2- The second at $77,674
3- The third at $75,630
If it closes below $73,586, the plan has failed and you should exit. Your loss then would be around 5% of the amount, not all of it.
The distance between tranches is 2.5% because that’s Bitcoin’s average daily move over the past 14 days.
Do your own research (DYOR) — this is a risk-management approach, not a recommendation.
Where do you think the market is headed? Share your thoughts.
💛 Join Abu Malak’s team: Sign up on Binance with code ABOMALAK — get a permanent discount on trading fees and access to our services and offers.
#CryptoNews #العملات_الرقمية #Binance
⚠️ Educational content for tracking purposes — not investment advice. You’re responsible for your decisions.