Hi my future millioners as you can see on the graph btcusd facing major resistance at 200ema and getting rejected again and again if we flip this area around 46900 then we can see a little upward movement around 48-49 and then we will retrace back
I am not taking any long positions for now. I just long algousd after closing it at 1.65 and algousd gave us another opportunity to long it we long it around 1.59-1.60 and closed it at 2.1 now we are not taking any trades. Not the right time to long any alts for us. For I am sitting back and enjoying my profits.
I am seeing bearish divergence and most probably btc will drop 20-30% then we will take trades.
Like and comment your thoughts
Thank you
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