Nice R:R2 setup for bullish outlook on Bitcoin (BTCUSD 1h)
Hello everyone,
Its been a tought time for a bulls past weeks anyways there were some nice opportunities with higher risks
which are fine & all good for skilled traders but some of them are with better R:R like current one R:R2 setup I just see in this span support creation situation on the chart as seen.
Mid term plan still the same as (Daily) chart below (still valid) Accumulation in 30-40K range
Mid to Long term (Weekly)
China miners slowly mooving the turbo machine rigs ^^ and plugging them back into the energy in different countries
Total mining costs almost at edge of profitability in the average outview but still all fine
Im staying bullish on short to mid and even mid to long term situation on BTC at the moment. Adding some longs here should be fine
Sentiment is slowly switching
Hope you guys find this observation TA helpful
Stay safe keep DCA buying in the long term, do only small amounts of account on margin and manage your risks properly.
Cheers
ChaChain
-------------
Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
KEYWORDS
R:R, money management, risk, reward, technique, style, trading, bitcoin , bitcointrading, profitable trading, profittrading, profit trading, secret, divergence, bull divergence, bear divergence, divergencetrading, divergence trading, trading strategy, how to trade bitcoin , bitcoin trades, bitcoin trading, make profit, take profit, trading strategy, trading technique, successful, successful trader, successful technique, successful strategy, successful secret, how to trade, trend analysis, technical analysis , indicators, rsi , relative strenght index, let it rain, successful life, easy strategy, easy trading, easy technique, make money, crypto investing, investing, crypto, cryptocurrency, cryptocurrencies, mentoring, money, chartart, beyond technical analysis
Its been a tought time for a bulls past weeks anyways there were some nice opportunities with higher risks
which are fine & all good for skilled traders but some of them are with better R:R like current one R:R2 setup I just see in this span support creation situation on the chart as seen.
Mid term plan still the same as (Daily) chart below (still valid) Accumulation in 30-40K range
Mid to Long term (Weekly)
China miners slowly mooving the turbo machine rigs ^^ and plugging them back into the energy in different countries
Total mining costs almost at edge of profitability in the average outview but still all fine
Im staying bullish on short to mid and even mid to long term situation on BTC at the moment. Adding some longs here should be fine
Sentiment is slowly switching
Hope you guys find this observation TA helpful
Stay safe keep DCA buying in the long term, do only small amounts of account on margin and manage your risks properly.
Cheers
ChaChain
-------------
Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
KEYWORDS
R:R, money management, risk, reward, technique, style, trading, bitcoin , bitcointrading, profitable trading, profittrading, profit trading, secret, divergence, bull divergence, bear divergence, divergencetrading, divergence trading, trading strategy, how to trade bitcoin , bitcoin trades, bitcoin trading, make profit, take profit, trading strategy, trading technique, successful, successful trader, successful technique, successful strategy, successful secret, how to trade, trend analysis, technical analysis , indicators, rsi , relative strenght index, let it rain, successful life, easy strategy, easy trading, easy technique, make money, crypto investing, investing, crypto, cryptocurrency, cryptocurrencies, mentoring, money, chartart, beyond technical analysis
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