Hello Traders,
Today I propose an idea on how to manage inputs on
BTCUSD
.
A violent selling is very likely due to which you can start to accumulate between 56k and 44k.
It is a really wide range however it is better to place orders lower to better manage the risk.
By buying spot obviously the risk is mitigated even better because you do not incur liquidations.
We find the Fibonacci retracement (0.618%) at 51350 USD and the way things are going, it is likely to be hit that level.
Target 90K.
Today I propose an idea on how to manage inputs on
BTCUSD
. A violent selling is very likely due to which you can start to accumulate between 56k and 44k.
It is a really wide range however it is better to place orders lower to better manage the risk.
By buying spot obviously the risk is mitigated even better because you do not incur liquidations.
We find the Fibonacci retracement (0.618%) at 51350 USD and the way things are going, it is likely to be hit that level.
Target 90K.