๐ Analysis:
BTC Testing Resistance: BTC is testing the $71,800 - $73,800 resistance area over the past three days.
Potential Rejection: If rejected, it could lead to a market-wide retracement.
Support Levels: Key support levels at $65,000, $60,700, $57,000, and $53,000.
๐จ Risk Management:
Tight Risk Management: It's crucial to manage risk tightly over the next few days.
Stay Vigilant: Monitor BTC's price action closely for any signs of rejection or breakout.
๐ก Note: Market sentiment can quickly shift, so stay adaptable and adjust strategies accordingly! ๐๐ #BTC #Resistance #RiskManagement ๐๐จ
BTC Testing Resistance: BTC is testing the $71,800 - $73,800 resistance area over the past three days.
Potential Rejection: If rejected, it could lead to a market-wide retracement.
Support Levels: Key support levels at $65,000, $60,700, $57,000, and $53,000.
๐จ Risk Management:
Tight Risk Management: It's crucial to manage risk tightly over the next few days.
Stay Vigilant: Monitor BTC's price action closely for any signs of rejection or breakout.
๐ก Note: Market sentiment can quickly shift, so stay adaptable and adjust strategies accordingly! ๐๐ #BTC #Resistance #RiskManagement ๐๐จ
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.
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.