Hello everyone.
Welcome to the new week and also to the morning of the first day.
This morning, there is nothing new from BTC; the price is still doing its job.
I hope if you read my post yesterday, none of you entered a long position.
As for those who entered a short position (of course I didn't, just saying), you might be questioning where the price will go, right? So you look at the image and see the green dashed line. As for the stl, the two red brick areas are up to you. The price range of BTC is very large, so I don't like to enter stl price areas that are nearly this close. But if you have entered already, I wish you good luck. If you are thinking of entering a short/long position now, I think you should give that up. Don't let greed and regret eat away at your mind and make you enter a position blindly.
Today, I will send you a bit more knowledge. You see many people on this square shouting that the price will rise to 100-102k, right? Or the price will drop to 70K. Right or wrong? If you listen to those who make such predictions, you should add the question of when it will get there. Indeed, add the factor of time to it. Look at image 2. The blue line is the line I predict the price will reach. Do you see it? When the price is close to reaching it and shows signs of weakening, I take profit. Remember my previous posts when I analyzed, right? Even if it is climbing and might reach 100k, I cannot know when it will get there and I cannot assert that it will reach that point. Therefore, when you hear anyone shouting the price up/down, what you need to do is look at the current price signals - NOT THE FUTURE, NOT THE PAST.
There you go. Good luck, and have a great new week.