cheliosTD

BTC potential area to break or reject for 2nd chance to exit.

BINANCE:BTCUSDT   Bitcoin / TetherUS
If BTC rejects this sloping uptrend then I will exit major positions and go short as this is a 2nd chance to exit.

I'm not confident in the overall BTC market after the recent pump up to ATH, it is due a major retrace to stabilise. This is not the time to enter long positions for good Risk to reward.

In being sensible I am waiting to see how BTC reacts this week, if it rejects from the sloping support I will exit major positions and hold cash in high yield stable coins.

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