➡️Simple Tips for begginers
Most of the coin is in profit booking zone/selling zone.The question is should we book profit?Let's discuss;
1.Need to book profit as we are near major resistance zone .And wait for re-entry
2.Market is still in Consolidation phase ,no break out .
3.Can re-enter after breakout confirmation
4.After all we are here to make money so profit booking is a wise decision
5.Watch $BTC sustaining above 112k for breakout confirmation
6.Anyhow Somebody will book profit if you don't, since it's a major resistance/profit booking zone.
7.From here market may drop to Buying zone ,if it cannot sustain or break out resistance lvl.
These are the simple reason to book profit at current level of the market.
⚠️ This is my personal view, you need to have your own view / decision making capacity in any financial activities.
Hope this will help.Happy trading and investing 😊.