Pretty simple: BTC is gonna drop more. First support is 32.2K, the second is 30K. I personally think it's a good moment to do DCA and in general to accumulate. If, like me, you've a life which doesn't let to keep an eye on the chart very often this means you've likely at heavy loss. In such cases the confortable way is to hold and wait. Don't sell at loss to exit, it'd be fool.
If you're brave and want more risk you can sell at loss and short using my supports but remember, shorting it's a risk itself, if you sell some bag at loss you must be sure you wanna do it and you must keep an eye on it. You can also use the TMA lower band as a point where to buy back part of what you shorted.
If I wasn't too stressed out for my life I'd try to sell at loss and short right now.
Good luck!
If you're brave and want more risk you can sell at loss and short using my supports but remember, shorting it's a risk itself, if you sell some bag at loss you must be sure you wanna do it and you must keep an eye on it. You can also use the TMA lower band as a point where to buy back part of what you shorted.
If I wasn't too stressed out for my life I'd try to sell at loss and short right now.
Good luck!
I do TA because I like and it seems at least 70% of my calls usually turn out to be true. If you wanna support me please donate some tradingview coin or check "about me"
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
I do TA because I like and it seems at least 70% of my calls usually turn out to be true. If you wanna support me please donate some tradingview coin or check "about me"
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.