BTCUSD
BTC
Bitcoin dump - again. What now? Whole market is under pressure because of many reasons. SaP failed, Down Jones failed, FED news, huge inflation, miners banned, russia speaking about regulation of crypto, europe speaking about crypto regulation, china, ...
Really hard times now.
What´s plan? We need to see bounce at first. We are on the strong fibonacci level of last bull market (03/2020) and from the last bulls momentum. So huge support now which have to be safed.
But strong resistance above current price. 40-43K; 45.5K-46.6K; 51-53.5K.
Next stops are 37.3K; 35K; 33K; 30K.
The year 2022 could not start worse.
But if you are using SL a also you take some profit on the way up. You can not be killed ;-)
Stay normal - use SL - always ;-)
Bitcoin dump - again. What now? Whole market is under pressure because of many reasons. SaP failed, Down Jones failed, FED news, huge inflation, miners banned, russia speaking about regulation of crypto, europe speaking about crypto regulation, china, ...
Really hard times now.
What´s plan? We need to see bounce at first. We are on the strong fibonacci level of last bull market (03/2020) and from the last bulls momentum. So huge support now which have to be safed.
But strong resistance above current price. 40-43K; 45.5K-46.6K; 51-53.5K.
Next stops are 37.3K; 35K; 33K; 30K.
The year 2022 could not start worse.
But if you are using SL a also you take some profit on the way up. You can not be killed ;-)
Stay normal - use SL - always ;-)
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