Hello traders,
I have mentioned in previous posts about BTC at 40k region, I am more than happy to be correct this time. We had some support at this region as expected. If we bounce off this region expect some volatile altcoin action, A.K.A. Alt relief season.

I will definitely start opening both Alts and bitcoin positions, but still with dosage of caution. If we break this support I'm still standing behind my previous idea which is Bitcoin at 30k region.

Patience is a virtue, you gotta play safe and not be outperformed by market. Preserving capital is the most important thing, I was 95% out of everything with Bitcoin 15% drop I am ~0% which can be considered as 15% of my capital saved.

Risk management is where true traders shine.

Alts to keep a close look at: XRP, DOT, ICP, even ETH


Trade safe,

None of this is financial advice,
Do your own research and learning

Trading Informator!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.