Currently: Price is reacting at the $73,673 level.
Trading plan: A potential Long (Buy) order could be considered at the structural support zone of $73,373.
Target (Take Profit): Expecting a bounce back up to the $74,697 zone.
Risk management (Stop Loss): Absolutely adhere to cutting losses if the price breaks the old support level and closes below $72,432.
Is this "dump" a chance to accumulate or the start of a deeper bearish trend? Share your thoughts!
#Bitcoin #BTC #TechnicalAnalysis #CryptoTrading #BinanceSquare #TradingView
Trading plan: A potential Long (Buy) order could be considered at the structural support zone of $73,373.
Target (Take Profit): Expecting a bounce back up to the $74,697 zone.
Risk management (Stop Loss): Absolutely adhere to cutting losses if the price breaks the old support level and closes below $72,432.
Is this "dump" a chance to accumulate or the start of a deeper bearish trend? Share your thoughts!
#Bitcoin #BTC #TechnicalAnalysis #CryptoTrading #BinanceSquare #TradingView