BTC/USD : Liquidation event is possible !

22. Jan. 2021

BTCUSD
Hello everyone 😃

BTC has been rejected from EMA 200 and we Expect another bounce above it, But it can't pass it for now...


There is a Convergence on 4H TF, which can confirm our scenario about the bounce but main target is still 30K or lower !

For now we are focusing on Chinese movements :

They are making some Bull traps for early buyers or scalpers, And so, It's Risky to take any position with high leverage.
Also we suggest to manage your funding and risks on Chinese exchanges !!

Attention: this isn't financial advice we are just trying to help people on their own vision.

Have a good day!
-Helical_Trades