πThe key is to let the volume play out, which means we avoid shorting against high volume and wait for the right reversal setup instead. Our system doesn't rely on current price action alone, but on data. Even though the price is currently rising above $87,250, buying BTC:USDT remains unappealing to us. For now, we stay on the sidelines and wait for the right entry signal or short. There are always new chances coming, next 8H can be diffrance than the 8H time frame now for example.
π With the expecting of Bitcoin fall, the most of alts will stay risky for directly main trades.
πThere is totally no reason to enter BTC, a healty uptrend will start only after BTC gain into new positive 1/3 buy with the complete trend of 3/3. until this moment and since 87K+ we see no trend for.
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π BTC:USDT UPDATE π Day Trade Depending on the Day Trade, Bitcoin is currently showing an orange trend, which means BTC has a high chance of breaking down.Until now, there is no reason for a Long trade. On this trend, we also avoid ALTS because of the higherβ¦
Bitcoin target the 83K+ zone, we will follow coming time to see if BTC will keep going on the breakdown trend or there will be a new uptrend start, as long there is no buy 1/3 the trend will stays breakdown.