#BTC/USDT Trade Setup 1:5, Target $18,400 !!

23 בנוב׳ 2022

Welcome to this quick trade setup.

BTC has been under accumulation for the last few weeks.
Every drop has been bought.
A lot of FUD and uncertainty make me more bullish in the short term.
This drop below 16k could end up being a trap.
I opened a long on BTC around $16160 and will add more till $15850 with SL below $15400.
Most of the bad news has been sold.
I could be wrong only if we break the recent low.
Am not saying we can't see more drop in the next few weeks/ months but it's riskier to be out of BTC when it's down 73%.

This trade is based not just on charts but logic and reasoning.

This is not financial advice.
DYOR, My stop loss is for leverage long only.
I have been accumulating BTC since it broke 18k and I am more than happy to buy more.
Currently, I am 75% in BTC and a few alts & 25% FIAT and Stable Coins.


I will be posting more trade setups shortly.
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Thank you


#PEACE