In 4H LTF, volume is decreasing last 7 days while price is rising.
That increases the probability of an upcoming short-term retracement.
A possible support is around $45k.
I doubt if it will reach 0.382 Fibonacci level, all it's possible in crypto. Don't forget there is a war is process. Nuclear war threats, etc.
It is not recommended for novice traders to open shorts here. It's against the primary trend. Instead, look for a good long entry if price fall near $45k.
Investing is a probability game.
Try for consistency, there is no perfection in this.
Not financial advice. Always do your own research.
That increases the probability of an upcoming short-term retracement.
A possible support is around $45k.
I doubt if it will reach 0.382 Fibonacci level, all it's possible in crypto. Don't forget there is a war is process. Nuclear war threats, etc.
It is not recommended for novice traders to open shorts here. It's against the primary trend. Instead, look for a good long entry if price fall near $45k.
Investing is a probability game.
Try for consistency, there is no perfection in this.
Not financial advice. Always do your own research.
