Plain and simple bitcoin analysis TODAY

2021년 2월 28일

Asian Market has been a little rough during the night. BTCUSDT

My yesterday's objective was reached but then we've been able to see a slight drop during asian session.

Thing is , we are still in for boring sideway action between the 44490 / 46895 range

Support held well, it's just everybody is in doubt and fearfull.

Right now, you all need to chill, this is nothing but a little needle prick.

3 Bullish divergence are building up on the RSI also, and this might indicate a much stronger bounce than expected

But as a day trader, this is the right occasion to remember to always take profits, and stay out of the market once it's done.

You want to remain a calm observer, with 0 emotions.

And remember, the market is a b..ch, trying to take the money right out of your pocket for a cheap and short moment of pleasure.

I would recommend to use 0 to 1/4 of your position on leverage, not more, right now.

See you all tomorrow, and don't forget to smash that like button !