davidnyou

BTC/USDT chart explanation (UPDATED)

BINANCE:BTCUSDT   Bitcoin / TetherUS
so a week ago I have upload my chart analysis on BTC/USDT and where this is going
and I am still on the right track on how btc is moving right now.
At this stage of point, we might see a bit of pump for overall this week.
IF not then it will be a dump hard toward 34.5K

If 34.5K break and go even more down then 30K 29K is the holder. Be ready guys

And Yes with the Ukraine Russia war issue going
And also soon US fed announcement plus Biden announcement about Crypto
THings can change a lot
but in my day chart pattern
Btc/usdt is on the triangle trend line.

In a unpredictable season like this where btc make unpredictable move pattern
DO NOT trade on future and High LEVERAGE. You are GOING TO lose money
Try to trade with low leverage.
Always Always. Being liquidated is the most stupid trade ever.
I dont call that trader. I call that gamble. So dont be greedy
Think slowly, dont make emotional move and always follow your chart pattern.

I am writing this so many many people who are new to coins can get another person point of view.
Look wide and big picture.
And dont try to trade on 1mn, 5mn or 15mn chart
At this stage at least 4hr or daily chart or even week chart can make you look a bigger picture.

This was made for the purpose to learn!
Do not go and make trade by your feelings guys.

Thanks
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