🔥 Bitcoin Breaking Out: Be Careful For FOMO!
After a strong sell-off yesterday, the bulls came out in full force and have been buying BTC in huge numbers.
In my most recent BTC analysis I talked about BTC being in a bear-flag, which it theoretically still is.
All crypto traders are currently watching this bear-flag play out. If I were a bear, I'd wait for the price to trade above this bear-flag before taking profits and starting to short. Just like we had a fake-out during last week's CPI, this break out could also end up as a fake-out.
Don't get consumed by FOMO. Wait for tomorrow morning to see what the market wants to do. If we are still above the bear-flag we could very well continue towards 25k. If not, the resistance might hold and we can move back down.
In my most recent BTC analysis I talked about BTC being in a bear-flag, which it theoretically still is.
All crypto traders are currently watching this bear-flag play out. If I were a bear, I'd wait for the price to trade above this bear-flag before taking profits and starting to short. Just like we had a fake-out during last week's CPI, this break out could also end up as a fake-out.
Don't get consumed by FOMO. Wait for tomorrow morning to see what the market wants to do. If we are still above the bear-flag we could very well continue towards 25k. If not, the resistance might hold and we can move back down.
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.