ArShevelev

BTC / USD β€” 8300! What to do next?

BITSTAMP:BTCUSD   Bitcoin
Hello guys!
In this short video, I want to provide you with answers about current price action.
You know what to do with πŸ‘ and πŸ’¬ below this idea.

What is going on with Bitcoin 29 April 2020?!

Should I Buy Now?
β€” Probably not, why explained via Elliott Waves
Where to Sell?
β€” Depending on your Timeframe and style of trading answers can be different, discussed in video
Should I Short now?
β€” It is quite risky deal. I don't trade 0.5% moves on bitcoin, so cant be sure for your success. But definitely this is not point of big reversal!
Should I Long now?
β€” Hell no! Jumping in running train, pretty bad idea.

Last ideas:

Nice old study to learn about, this shape is very common on trendy markets:

Cup and Handle, did you see it?

Accumulation process still in the price:

DISCLAIMER: If you following somebody with good Risk/Reward and Win Ratio.
Without risk management and allowing yourself to lose some trades, you won’t be good trader/investor.
Please don’t follow any analyst blindly on this website.
Always use stop loss to prevent yourself from losses.
Make sure you understand and afford the risk. Please.

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If you scrolled to this point, well, it is a time to send a comment, haha:D

Stay tuned to Artem Crypto

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