BTC/USDT (Daily Consolidation)

💎Technical Analysis Summary💎


BTC/USDT

-Bitcoin may have found new support around 42k dollars
-And a new resistance zone at 45k dollars
-We can expect BTC to consolidate within these two areas of interest
-I am expecting a sideways action for the remaining weeks of this month
-As for the Altcoin space, they are in mixed condition
-Some coins are moving up strong while others continue to move sideways
-It is still very hard to play the swing movement for the Alts
-Risk management in terms of position sizing is very important to date
-Do not get hooked up on coins moving up 10-20% in a day
-Because most of the time, they are not able to sustain in short term
-So please, discipline is a big part of your long term success in this trading business




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