Hello Friends and Traders.
I have been trading bitcoin for a while, all my predictions have been accurate.
Unfortunately I have never shared any ofd them so here we go! My first share with you!
Bitcoin has broke its long term daily trend (support) and has tested it as resistance. So now we are going down, the next support that it has is around 7300-7500 area.
That is roughly a 15% drop.
I will set my emotions aside while I sell and buy into the next dip.
Cheers
This is for education purpose only and is not financial advice.
I have been trading bitcoin for a while, all my predictions have been accurate.
Unfortunately I have never shared any ofd them so here we go! My first share with you!
Bitcoin has broke its long term daily trend (support) and has tested it as resistance. So now we are going down, the next support that it has is around 7300-7500 area.
That is roughly a 15% drop.
I will set my emotions aside while I sell and buy into the next dip.
Cheers
This is for education purpose only and is not financial advice.
Comment:
I believe we are testing the new resistance, and as long as the daily candle closes below 8400 tonight we are still going down.
Comment:
We have been testing the resistance for another day and now it seems that we are finally falling towards our target.
Comment:
As we are approaching our target, I will be watching carefully for a buy zone around 7400 area and will keep you guys posted.
Comment:
Am waiting for tonight to see where the daily candle will close, not buying in atm
Comment:
We have dropped 15% as predicted, waiting for a good entry opportunity
Trade closed: target reached
At the moment the buy is around 7300-7500 but that might change and I will keep you updated
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