BTC - Ranges overview
BTC is breaking through highs and gave us some nice local highs at 52K.
No reason to be overzealous or to start opening over leveraged longs because of FOMO.
WAIT FOR THE MARKET TO SHOW YOU ITS HAND AND FOLLOW THE MARKET
Let's be patient and see where BTC ends on the weekly timeframe. This will be crucial and interesting to see IF we get a continuation OR a fakeout and deviation with a close within the HTF ranges (green line)
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
No reason to be overzealous or to start opening over leveraged longs because of FOMO.
WAIT FOR THE MARKET TO SHOW YOU ITS HAND AND FOLLOW THE MARKET
Let's be patient and see where BTC ends on the weekly timeframe. This will be crucial and interesting to see IF we get a continuation OR a fakeout and deviation with a close within the HTF ranges (green line)
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
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