Nova-Scalper

BTC !! Adjust before HAVING zone 60,000

Short
Nova-Scalper Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
⭐️Smart investment, Strong finance

⭐️CRYPTO INFORMATION:
Bitcoin's price has experienced a significant decline since April 9. However, the downward trend has become more pronounced in recent days due to three primary factors.

Firstly, the escalating confrontation between Iran and Israel has contributed to the market's unease. The former Mossad intelligence chief's statement suggesting a potential strike on Iran's nuclear facilities has heightened tensions and caused panic among investors. As a result, many are seeking refuge in traditional assets like gold and silver, further impacting Bitcoin's price.

Secondly, Federal Reserve Chair Jerome Powell's recent hawkish stance has added to the market uncertainty. In a Tuesday announcement, Powell expressed the Fed's continued lack of confidence in inflation levels. He indicated that interest rates may remain higher for an extended period. This unexpected reversal caught the market off guard, as it had been anticipating a rate cut in June. Now, there is doubt regarding the possibility of any rate cuts in the near future.

Lastly, the ongoing COVID-19 pandemic and its impact on global economies have also played a role in Bitcoin's price crash. As countries struggle to contain the virus and deal with its economic repercussions, investors are becoming increasingly cautious and seeking safer investment options.

These catalysts, combined with other market factors, have contributed to the current decline in Bitcoin's price.

⭐️Personal comments NOVA:
BTC corrects around $60,000 before HAVING. Price range $50,000 - $52,000 is a good price range for the uptrend period to begin

⭐️SET UP BTC PRICE:

🔥SELL BTC zone: $64.200 - $63.900 SL $64.700
TP1: $63.000
TP2: $61.500
TP3: $60.000

🔥 BUY BTC zone: $60.000 - $60.200 SL $59.400
TP1: $61.500
TP2: $62.200
TP3: $63.000



⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.

⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
Comment:
BTC dropped below 61,000 and reacted to the 64,000 area
Comment:
Great : signal Plan day SELL 64.200 - 63.900. Profit SELL
Comment:
Big profit BTC: SIGNAL SELL 64.200 - 63.900
Comment:
Near FULL TP 3 : SIGNAL SELL 64.200 - 63.900

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