A strong support is waiting at $42200 area, the downward trend is in making in 1 hr time frame.
1. In Binance: Huge buying pressure is at $45000 and$44000 area which can give short pump in alt coins but if trend line broke downward then $42000 is coming for sure.
2. Bitcoin dominance is increasing, so it's better to take long and short positions only in Bitcoin for safer side. Max Leverage 3X with strong risk management.
Be-aware of whales as they will eat your portfolio and pump theirs!
We need to close above 50K zone for next rally!
1. In Binance: Huge buying pressure is at $45000 and$44000 area which can give short pump in alt coins but if trend line broke downward then $42000 is coming for sure.
2. Bitcoin dominance is increasing, so it's better to take long and short positions only in Bitcoin for safer side. Max Leverage 3X with strong risk management.
Be-aware of whales as they will eat your portfolio and pump theirs!
We need to close above 50K zone for next rally!