Greetings, my beloved members,
Members, #BTC is currently trading in a neutral pattern, meaning either direction is possible. What we need to focus on now is a confirmed breakdown or breakout , Any two candle closes — either above the upper zone or below the lower zone — will be considered a valid breakout or breakdown.
Our BTC short trade is currently running in +3.2% unleveraged gains. Now, I will be preparing to add a hedge trade at the $88,888 zone, with a stop-loss at $87,500. If price breaks below this level with confirmation, it will be considered a breakdown of the pattern.
For the upside scenario:
If BTC reaches $88,888 and then stabilizes above the $91,000 zone, the short trade will be closed, and a long position will be activated. Simple and clear.
As we know, the rate cut is only a few hours away, along with the FOMC meeting. Currently, the odds of a 25 bps cut are around 90%, and some analysts are even expecting a cut greater than 25 bps. If that happens, the market could turn strongly bullish.
Members, read this carefully and plan accordingly.
Don’t fall into FOMO, and don’t sit in fear.
Execute with discipline , Precision over Emotions .
Hit the 🔥 if you want similar for (ETH)
#COPYTRADER 🦅❤️🔥🦅