BTC entered a sensitive area again, no long or short currently!
https://www.tradingview.com/chart/T4dJcKED/
In fact, the trend now is becoming more unpredictable, as the resistance around $7700~$7850 is still hard but seems like the support at $7400 is also great, this makes trading more difficult.
However, as a daily level traders, i believe that pump possibility is bigger than dump as the market emotion has already getting warm and the most important is , halving date is closing, although the halving this time may not give price a huge pump in this global fundamental, it's still a period to big whales to speculate, but one thing we are not sure is these big whales may first suppress the price then push up or just push up straightly, therefore investors should set a safe risk control system and use an opinion of long term bullish but accompany with small range pullback to trade.
Tomorrow i will give an update strategy if 7400 still strong today.
In fact, the trend now is becoming more unpredictable, as the resistance around $7700~$7850 is still hard but seems like the support at $7400 is also great, this makes trading more difficult.
However, as a daily level traders, i believe that pump possibility is bigger than dump as the market emotion has already getting warm and the most important is , halving date is closing, although the halving this time may not give price a huge pump in this global fundamental, it's still a period to big whales to speculate, but one thing we are not sure is these big whales may first suppress the price then push up or just push up straightly, therefore investors should set a safe risk control system and use an opinion of long term bullish but accompany with small range pullback to trade.
Tomorrow i will give an update strategy if 7400 still strong today.
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