BITCOIN: BREAKING OUT OF THE RESISTANCE!!!

17 mar 2022

Welcome members to this BTC update.

If you are viewing my post for the first time then do not forget to like and follow. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest in my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on it or use it to understand the market.

Let's get back to the chart.

BTC is breaking out of the trendline. If this is the rally we were waiting for then I am expecting BTC to reach close to 44k.
Talking about our trades then we are already up by 10% on BTC and if you have used 10x leverage then congratulations cause you are 100% up.
Remember! It is always wise to book profits. Do not hold your entire position for a higher gain. BTC may shoot up higher and if you hold your entire position then you will for sure make good money but what if BTC dumps right now? What if it falls back to your entry-level? You won't make any money. So, always books profits.

I am booking 50% here and I will hold my another 50% for a higher rally.

Note: This is not financial advice. This trade setup is based on my T.A and I am risking my own money on this trade. I am reliable for my own losses and profits. So, trade as per your preference.

Let me know what you think about this idea and if you like it then do share the link wherever you can. Let this idea reach as many traders as possible.

I will cover more on this in the coming days until then stay safe and trade well.

Thank you.