#BITCOIN - What Will We Do IF .... ?
We've closed our SHORT position at $11500 point in break even zone and didn't open any position since this time. Now is too early as well.
Reason — opening LONG is still too risky. Yes, the ascending channel was broken upwards, but we still have a strong resistance zone between $12400 - $12500. Probability of huge red candle from this area still exists and it is not very small.
We will open LONG position with x10 leverage and buy more Bitcoin for a spot wallet if we see that Bitcoin takes hold above the $12500 level. Don't be greedy.
Reason — opening LONG is still too risky. Yes, the ascending channel was broken upwards, but we still have a strong resistance zone between $12400 - $12500. Probability of huge red candle from this area still exists and it is not very small.
We will open LONG position with x10 leverage and buy more Bitcoin for a spot wallet if we see that Bitcoin takes hold above the $12500 level. Don't be greedy.
Work in the team of Crypto Klondike.
Website:
klondikepro.com/
Public Telegram Channel:
t.me/CryptoKlondike
Join Bybit with us:
goo-gl.su/ibF9Y
Twitter:
twitter.com/Robert_Klondike
Email:
ekstraruto@gmail.com
Website:
klondikepro.com/
Public Telegram Channel:
t.me/CryptoKlondike
Join Bybit with us:
goo-gl.su/ibF9Y
Twitter:
twitter.com/Robert_Klondike
Email:
ekstraruto@gmail.com
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