Hola dear dreamboys and adults. Adults are minority on TV. Plenty of Namaste wizards and other artist who can't do anything better, but draw usefull TA every single time BTC makes a move. You know all of those names...
Specialy at this time, be very carefull, because market is extremely volatile. Just be patient and instead of trading every day wait for the change. It will happen.
Just have a look at monthly candle, it has masive wick. There is no chance that next monthly candle will go up from let say 6800 without going down. Ok it might not happen in th first hours or days, but it will happen. Wales are not idiots they will not buy any higher then let say $7000. Volume is slowing down on daily candle. We can guees who is buying. To me it looks like bot trading filling in emty gaps between sellers and buyers. I can't see any strenght in going any higher.
Stop listen to those fake gurus and stupid moon boys (you know all those names I'm talking about).
This is not TA, this is my thought. I am in this market from 2011, so I have seen a lot. BTC is tricky animal, don't be fooled and don't listen to fools.
Be careful and try to trade longer time frames buying only when it falls and it will fall sooner or latter.
Specialy at this time, be very carefull, because market is extremely volatile. Just be patient and instead of trading every day wait for the change. It will happen.
Just have a look at monthly candle, it has masive wick. There is no chance that next monthly candle will go up from let say 6800 without going down. Ok it might not happen in th first hours or days, but it will happen. Wales are not idiots they will not buy any higher then let say $7000. Volume is slowing down on daily candle. We can guees who is buying. To me it looks like bot trading filling in emty gaps between sellers and buyers. I can't see any strenght in going any higher.
Stop listen to those fake gurus and stupid moon boys (you know all those names I'm talking about).
This is not TA, this is my thought. I am in this market from 2011, so I have seen a lot. BTC is tricky animal, don't be fooled and don't listen to fools.
Be careful and try to trade longer time frames buying only when it falls and it will fall sooner or latter.
Trade active:
It's fun to watch how BTC from early morning, like nothing happened with 3k. trading volume just shoots up like a rocket taking all long limit orders. I love how these bots are washing the market. When this happens I think to myself sometimes should I really use my logic in long term, or follow the gaps, because there is no future. Any thoughts?