$BTC Breaking Out π€―
Good Or Bad?
Dump From $52800 - $53300 π₯΅
#Bitcoin Is Showing Strength Again & Trying To Break This Zone.
Past 3 Days We Saw Some #Altcoins Showing GOD Candles Because $BTC Is Holding Well.
Personally, I Will Still Not Long Bitcoin Here βΌοΈ
- I've Been Trading With My Strategy For Years & Always Plan My Entries During Good Support Or Fear Days.
- I Gave Multiple Buy Calls When the Market Was Below 40k & 25k & 20k But Not Here.
- I Can See The Open Interest For $BTC Is Over $20 Billion & The Last 2 Times This Happened, a Few Days Later We Saw a Massive DUMP Liquidating Longs.
- We Can See Upside Wick Till $52800 - $53300 & Dump Towards First Target Of $50500.
- The Market Is Going Euphoric & People Are Holding Longs For Altseason, Opening Longs ON All Breakouts But Once Shake Off Comes in Few Days They Will Lose Money, Loose Confidence, Get scared of crypto & Won't Be Able To Buy The Dip Because of That Emotion.
- I Gave Few Altcoins Longs In Our VIP Group & Got Over 20% Moves Without Lev In 2 Days !
- So Basically I'm playing Ranges & Volume Profile On Limited Trades.
- We Also Got Over 50% Move On Spot Buy Calls In 3 Days.
For Now :
Holding My Altcoins Bag Which Is Already Over 3x On Average!
Holding My $BTC Short As Hedge To My Spot Bag π
Will Use That Short Profits To Buy More Dips π
Will Look To Close My Bitcoin Short After We Close Daily Candle Above $54100 Zone #DYOR #NFA
Join The Link In Comments To Do Daily Trading π₯