🚨 Quick #BTC Analysis 🚨
As expected we are seeing some volatility caused by Monday openings,
Usually Monday Morning moves are fake moves so don’t plan your trades based on that,
Yeah we plan buying orders based on that,
When market moves with genuine pace, its easy to analyze the possible downside movement or upside, so you place limit orders accordingly.
Currently #Bitcoin charts are suggesting some potential drop to below $47300-$46500
Area. So we can plan to add some more margin to our current positions.
This will help repositioning altcoins too.
But in any case, do not leave your positions, SLs should be smartly placed if your capital is less,
Because if you are following me, you must be sitting on best entries.
I am explaining things pre hand so you must not book any further losses, instead you end up booking profitable SLs with new limit orders.
Reminding you again, we are on track of $52,000 and above area.
Adding up to your queries, i do not talk much about technical stuff or indicators because majority of people here don’t understand how to analyze certain aspects through indicators and tools,
For that you can always get help through the best Academy called #BinanceAcademy
Drop relevant queries and i will answer them.
#Write2Earn