Technically, I won't buy today! 2

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
It's difficult to justify buying today from a technical perspective.
This is the second scenario I'm following and it doesn't look good.
Even though if it finally managed to go past this level it becomes very bullish!

Remember this offers possibilities not probabilities. Technical analysis if for timing a trade, determining risk or findings resistances!

Same as:


I like your chart layout. Of course not, waiting for the retest to jump in right?
+1 Reply
fmaste TheSignalyst
@TheSignalyst yes, just having a little patience to jump in!

I’m investing in the future of smart contracts / decentralized apps and Bitcoin being something like the monetary system / gold standard of this new ecosystem!
Nice chart. I can see why caution is important here.
+1 Reply
fmaste altinAdam
@altinAdam, If you bought below 23 you are OK, Elon may tweet he is buying Bitcoin and OMG. But if no position I'll wait for that tweet LOL!
+1 Reply
yes, waiting for buy
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