ARESABI

Apply simple rules while trading Bitcoin!

Long
ARESABI Updated   
BITSTAMP:BTCUSD   Bitcoin
Hello everyone, i see a lot of short ideas popping up lately and it's very important to mention that we didn't see any signs for a trend reversal yet. Therefore we will continue to see buyers appearing when others see divergences or a weakening trend.
Please make sure to apply simple market rules while you're trading. And as i mentioned before, please do not overleverage your trades in the cryptocurrency market. Bots will hunt you and grab liquidity to fuel the way further up. Play the game, but play it right!

Cheers,
Ares
Comment:
The price cam back to the supporting trendline and recently broke the $60k mark. Everything goes according to the plan. I will update this idea during the upcoming days

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.