#BTCUSDT Broke $45k Level but Retracement Expected!!!

BTC broke above the $45k level and is trading around the $47k level right now.
As per this chart, it's very important that it hits the $45k level for a retest.
That will be the best opportunity to get entries for your favourite altcoins.
LTF Charts show signs of weakness.

IF YOU ARE TRADING ON SPOT YOU CAN USE THESE TWO STRATEGIES :-

Simply buying at CMP and add more in the dips to average your entries.
OR YOU CAN JUST wait for the reteracement to get into positions.

The problem is we haven't seen proper retracements throught the recent rally whiich is not good for a sustainable growth.
So be careful and trade wisely.

Conclusion:- Sooner or later we will see retracement levels to buy -$45k with a target of $52k...

Let me know what you think of this chart.
Do hit the like button if you find it helpful and share your views in the comment section.


Stay happy

#PEACE

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#BTC:- Reason to place Stop Loss in your Trades...

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Told ya...