After my successful TA when I told to short, we should be looking for bitcoin to have a trace back at the moment. Currently we have an uptrend + fib level at our side and our stop is near so the losses are cut small.
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Good luck trading!
If you want to get advice and buy/sell signals ahead of time before I am able to release a chart, just message me in tradingview and we will make money together (No fees or subscription required)!
*If you agree with this chart, don't forget to put a like!
Good luck trading!
Comment:
Previous analysis on bitcoin.
Comment:
Update:
Everything is going as planned, quick price increase from our entry level. If you entered this trade with leverage I would advise taking quick profits and waiting for a pattern to form.
Everything is going as planned, quick price increase from our entry level. If you entered this trade with leverage I would advise taking quick profits and waiting for a pattern to form.
Comment:
Update:
That's why I said to take quick profits. red candles followed instantly. Wait for a pattern to form before doing anything.
That's why I said to take quick profits. red candles followed instantly. Wait for a pattern to form before doing anything.
Comment:
Update:
Two equal red and green candles indicate bullish movement. But don't do any major trades until we have a pattern forming.
Two equal red and green candles indicate bullish movement. But don't do any major trades until we have a pattern forming.