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1 999
BTC just hit our entry and pumped. It provided a 3.5 RR.
If you didnβt book profits at 94,000, you can close now at 1 RR.
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BTC Update:
I'm not buying at this level. I expect the price to continue dropping after a bearish retest. Waiting for a better setup before taking any action. Be Careful π
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Market dumped a lot in past days. But we were on the sideline.
I'm expecting some good moves in January
So Stay Tuned π
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ETH/USDT Risky long setup
Entry : 3480$
TP1: 3750$
Tp2: 4100$
SL : Daily candle close bellow 3311$ then close
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BTC/USDT Swing long setup
Entry : 97300$
TP: 108000$
SL : Daily candle close bellow 93900$
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1. Market sentiment warms up: After falling last night, todayβs rise shows that the market is gradually regaining confidence, especially in areas other than Bitcoin.
2. The performance of imitation coins is strong: BTC.D declines, and the growth of TOTAL3 and OTHERS shows that funds are flowing to small and medium-sized market capitalization currencies, which may be the imitation coin market in the short term.
3. Increased risk preference: The increase in TOTAL2 and TOTAL3 is greater than the change in Bitcoinβs dominant position, indicating that the overall risk appetite of the market has increased.
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How to Follow Trade Calls and Manage Your Trades:
If the price goes higher than the entry point before you enter, hereβs how to handle it easily:
1οΈβ£ Set a Limit Order at the Entry Point
Thereβs a 70β80% chance the price will come back to the entry level. Stay calm and wait for the market to return to you.
2οΈβ£ Go Long with Half Your Position
If you donβt want to miss the move, buy at the higher price, but only with half of your usual trade size.
If the price comes back to the entry point, buy the other half. This will balance your overall entry price.
β»οΈ Always follow your stop-loss and risk management plan based on the original entry.
Donβt trade emotionally or risk too much because of FOMO (fear of missing out). Protect your money.
There are many opportunities in the market every day. Be patient and trade wisely.
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