Plan $BTC 27/10:
There are 2 support levels to watch: 78k and 76k.
Everyone should wait for BTC to return to 78k and form a reversal candle before going LONG, to avoid chasing shorts right now.
For the short-term outlook, I think there’ll be a wick down to 76k4–77k5, followed by a strong rebound and a move into the green at the start of November.
There’s quite a lot of important news this week, so trade small volumes and set an SL.
There are 2 support levels to watch: 78k and 76k.
Everyone should wait for BTC to return to 78k and form a reversal candle before going LONG, to avoid chasing shorts right now.
For the short-term outlook, I think there’ll be a wick down to 76k4–77k5, followed by a strong rebound and a move into the green at the start of November.
There’s quite a lot of important news this week, so trade small volumes and set an SL.
