BTC/USDT.P Update
New week, new start. Here we are closing the week without any new bullish momentum which makes me suspect we are gonna need to seek out more liquidity before breaking above this trend line level.
I've in this daily tf chart marked potential levels of where it could retrace to. It would be a swing trade or you can see this as potentially building your position before the bull rally starts to finally break that ATH into price discovery.
I still think you need to trade with risk management regardless, because there are a lot of potential event volatilities coming up in the near future. I'll be scalping more in streams and swing in these market updates. Trade safely!
I've in this daily tf chart marked potential levels of where it could retrace to. It would be a swing trade or you can see this as potentially building your position before the bull rally starts to finally break that ATH into price discovery.
I still think you need to trade with risk management regardless, because there are a lot of potential event volatilities coming up in the near future. I'll be scalping more in streams and swing in these market updates. Trade safely!
Penafian
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