BTC moved as expected: $60k it is!
BTC Update:
BTC followed the expected trend. It didn't manage to hold at 64.4k and dropped down toward the 60k support. The price of BTC went as low as $59,850, with a daily closing at $60,698.
BTC must hold this 60k support and rebound. I will close my futures long position on BTC if the daily close falls below 60k. If the daily close happens below 60k, I will re-analyze the chart and update it accordingly.
For now, this is the trade setup:
~ Entry: 60k to CMP.
~ SL: A close below 60k.
~ Leverage: 5x to 10x.
~ Target: 62.5k, 64.7k, 67.3k, 69.05k.
Note: Trade at your risk. Not financial advice.
Trade safely,
Regards,
Team Dexter.
BTC followed the expected trend. It didn't manage to hold at 64.4k and dropped down toward the 60k support. The price of BTC went as low as $59,850, with a daily closing at $60,698.
BTC must hold this 60k support and rebound. I will close my futures long position on BTC if the daily close falls below 60k. If the daily close happens below 60k, I will re-analyze the chart and update it accordingly.
For now, this is the trade setup:
~ Entry: 60k to CMP.
~ SL: A close below 60k.
~ Leverage: 5x to 10x.
~ Target: 62.5k, 64.7k, 67.3k, 69.05k.
Note: Trade at your risk. Not financial advice.
Trade safely,
Regards,
Team Dexter.
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