BTC 2023-08-05 Trading Plan (Republish)
Our current Bitcoin trading perspective suggests that entering the market at the trendline for a calculated rebound presents the most secure approach, particularly in the current range of 28000-28300.
It's important to note that the trendline's value will naturally increase over time.
However, a day will come when this rising trend can no longer sustain itself, often leading to minor 'waterfall' declines.
This is a typical scenario. Still, the unpredictable nature of the cryptocurrency market means we must remain vigilant to unexpected positive or negative news.
We will continue to monitor these developments closely.
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Mumei Trading is a team comprised of professional traders.
Our core mission is dedicated to trading education, with the goal of helping uses like you receive the best education to achieve financial freedom through passive income.
As part of Mumei Trading, we genuinely believe that education and support are the keys to success in trading.
It's important to note that the trendline's value will naturally increase over time.
However, a day will come when this rising trend can no longer sustain itself, often leading to minor 'waterfall' declines.
This is a typical scenario. Still, the unpredictable nature of the cryptocurrency market means we must remain vigilant to unexpected positive or negative news.
We will continue to monitor these developments closely.
--
Mumei Trading is a team comprised of professional traders.
Our core mission is dedicated to trading education, with the goal of helping uses like you receive the best education to achieve financial freedom through passive income.
As part of Mumei Trading, we genuinely believe that education and support are the keys to success in trading.
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