Slickfinch

Support and resistance lines/50 day EMA/channel resistance

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
I think we will have a hell of a time breaking through the top channel resistance line. Breaking past the 50 day EMA may be a little easier. Heavy resistance if we can get there will be around $8800. We have had a great few weeks.. like the fellas in the channel used to say "it's only profit if you sell it". So don't be greedy or complacent, if you are sitting in alts when BTC             dumps you may get dumped on. I plan to personally take a lot of my profit to fiat after this next $200-400$ run up. Then again it very well may hit it's next small target, chill or even retrace slightly then go on to its heavy resistance line at $8800 but the longer I do this the easier it's becoming to "lock in profits". There are 10,000 ways to make money in crypto and any of us can do it but what very few people can do is be happy with smaller safer growth and protect capital. By all means it's about protecting your capital as Dylan would say. It's not about making money, it's about NOT losing money so do whatever it takes to not lose money!! Oh yeah and one more thing. Stop losses. Use them!
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out